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orvilleawright
Nov 17, 2015 2:52 PM

BEARISH EURUSD 1H: Sell bull traps; Sell cypher pattern Long

EURO / U.S. DOLLARICE

Description

Nov 17 2015: BEARISH EURUSD 1H: Sell bull traps; Sell cypher pattern

(Analysis Based on 1 hour chart)

Observations
1. Long term bearish channel
2. Short term bearish channel
3. Consolidation
4. Bearish cypher pattern

NOTE: Wait for price action to confirm the importance of these levels. Sell bull traps at channel highs. Sell breakout after retest at consolidation lows.

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