Trade Ideas to Follow This Week
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: bearish 'Three Methods' pattern
2019-11-11 • Updated
There's a bearish 'Three Methods' pattern, so it's likely that the market is going to reach the nearest support at 1.1385. If a pullback from this level happens afterwards, there'll be a green light for an upward price movement towards the next resistance at 1.1482.
The price came back to the 'Window', but at the same time, there's a bullish 'Inverted Hammer', which hasn't been confirmed yet. Thus, the 144 Moving Average could act as resistance soon. If so, bears are likely going to test the lower 'Window' (1.1385), which could be a starting point for an upward correction.
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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...
