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orvilleawright

NEUTRAL EURUSD 15 Min: Consolidation sell bull traps

Euro / U.S. Dollar (FX_IDC:EURUSD)  
orvilleawright  
FX_IDC:EURUSD   Euro / U.S. Dollar
EURUSD 15min orville wright consolidation bulltrap breakout Ascending Channel Descending Channel structure-trade price-action support Support and Resistance
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eurusd 15min orville wright consolidation bulltrap breakout ascendingchannel descendingchannel structure-trade price-action support supportandresistance
Nov 16 2015: NEUTRAL EURUSD 15 Min: Consolidation sell bull traps

(Analysis Based on 15 Min chart)

Observations
1. Bullish BAT pattern
2. Short term bullish channel
3. Short term bear channel
4. Consolidation
5. Bullish head and shoulder

NOTE: Wait for price action to confirm the importance of these levels. Sell bull traps at channel highs. Wait for breakout of consolidation zone and sell on retest

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