EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: "Window" waiting for bulls
2019-11-11 • Updated
The price has been rising since the last "Hammer" was formed on the lower "Window". There isn't any reversal pattern so far, so the market is likely going to test the upper "Window" in the short term. If any bearish pattern arrives afterwards, there'll be an opportunity to have a downward correction.
We've got an "Engulfing", but this pattern hasn't been confirmed yet. Therefore, if a pullback from the closest support happens, bulls are likely going to deliver a new local high.
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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.
Bearish scenario: Sell below 1.0820 / 1.0841... Bullish scenario: Buy above 1.0827...
Bearish scenario: Sell below 2200 / 2194 ... Nearest bullish scenario: Buy above 2197... Bullish scenario after retracement: Consider buys around each indicated demand zone