orvilleawright
Long

BULLISH EURUSD 1H: Buy channel bottom; Buy BAT pattern

FX_IDC:EURUSD   EURO / US DOLLAR
Nov 4 2015: BULLISH EURUSD             1H: Buy channel bottom; Buy BAT pattern
(Analysis Based on 1 hour chart)

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

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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