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orvilleawright
Nov 17, 2015 3:41 PM

NEUTRAL EURUSD 15 Min 

EURO / U.S. DOLLARICE

Description

Nov 16 2015: NEUTRAL EURUSD 15 Min

(Analysis Based on 15 Min chart)

Observations
1. Short term bear channel
2. Break to the downside of the consolidation zone
3. Possible bullish head and shoulder
4. Price bounced of 1.618 fib inversion

NOTE: Wait for price action to confirm the importance of these levels. Price competed a measure move to the downside. I am expecting some upside correction.

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