Trade Ideas to Follow This Week
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: bullish "Diamond" pattern
2019-11-11 • Updated
There's a "Double Bottom" pattern, which has been confirmed. So, the price is likely going to test the nearest resistance at 1.1859 - 1.1874. If a pullback from this area happens little later on, there'll be an opportunity to have a decline towards the closest support at 1.1821 - 1.1787.
We've got a bullish "Diamond" with confirmation, so the price is rising. Finally, the pair faced with resistance at 1.1821, so we could have a bearish correction in the direction of the nearest support at 1.1808 - 1.1787. This area could be a departure point for an upward price movement towards another resistance at 1.1821 - 1.1859.
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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...
