EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: "Tower" and "High Wave" patterns
2019-11-11 • Updated
The last "Tower" and "High Wave" patterns led to the current upward price movement. It seems like the market is likely going to rise even higher in the short term. If any bearish pattern arrives afterwards, there'll be an opportunity to have a decline towards the nearest support.
The price is consolidating along the "Window". Also, there's a bullish "Three Methods", which hasn't been confirmed yet. Therefore, the market is likely going to continue moving up during the day.
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