Trade Ideas to Follow This Week
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: 'Thorn' pushed price lower
2019-11-11 • Updated
There's a 'Thorn' pattern, which pushed the price lower. It's likely, that the market is going to test the nearest support at 1.1491. A pullback from this level could be a departure point for an upward price movement towards the Moving Averages.
The price is declining because of the last 'V-Top' pattern. Meanwhile, if a pullback from the closest support at 1.1552 happens next, bulls will probably try to reach the next resistance at 1.1574 - 1.1594. This area could be a starting point for another decline.
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WTT: Currency Pairs To Trade In April
Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
EURUSD: Seeking liquidity in weekly selling zones. Key intraday levels.
Bearish scenario: Sell below 1.0820 / 1.0841... Bullish scenario: Buy above 1.0827...
