EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: "Shooting Star" at the local high
2019-11-11 • Updated
There's a "Shooting Star", which has been formed at the last local high. This pattern has been confirmed, so the pair is likely going to decline towards the nearest support level.
The last bearish "Three Methods" pattern led to the current decline. Also, there isn't any reversal pattern so far. In this case, the market is likely going to continue moving down during the day.
Intraday and swing scenarios based on price action and volume profile.
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