BEARISH EURUSD 1H: Possible bullish head and shoulder pattern

Nov 11 2015: BEARISH EURUSD 1H: Possible bullish head and shoulder pattern

(Analysis Based on 1 hour chart)

Observations
1. Long term down channel
2 Possible bullish head and shoulder pattern
3. Regular bullish RSI divergence

NOTE: Wait for price action to confirm the importance of these levels.

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Bearish PatternsDescending ChannelEURUSDHead and Shouldershourlyorvilleprice-actionregulardivergenceSELLshortsupportSupport and Resistancewright

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