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orvilleawright
Nov 3, 2015 11:06 AM

BEARISH EURUSD 1H: Sell channel tops; Buy BAT pattern Short

EURO / U.S. DOLLARICE

Description

Nov 3 2015: BEARISH EURUSD 1H: Sell channel tops; Buy BAT pattern
(Analysis Based on 1 hour chart)

Observations
1. Long term down channel
2. Short term down channel
3. Bullish BAT pattern
4. Oversold RSI at 1H swing low

NOTE: Wait for price action to confirm the importance of these levels.
NOTE: This is a counter trend opportunity based on my daily outlook

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