Trade Ideas to Follow This Week
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: 'Three Methods' pattern
2019-11-11 • Updated
There's a 'Three Methods' pattern, which has been confirmed. So, the market is likely going to test the nearest support at 1.1560. A pullback from this level could lead to an upward correction.
We've got a 'High Wave', which has a weak confirmation. In this case, the market is likely going to reach the closest support at 1.1587, which could be a departure point for a bullish price movement towards the 55 Moving Average.
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