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BEARISH EURUSD 1H: Bearish price action in kill zone.
Euro / U.S. Dollar
Short
BEARISH EURUSD 1H: Bearish price action in kill zone.
By orvilleawright
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Nov 2, 2015
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Nov 2, 2015
BEARISH EURUSD 1H: Support becoming resistance. Bearish price action in kill zone.
(Analysis Based on 1 hour chart)
Observations
1. Long term down channel
2. Short term up channel being retested
3. Price at daily swing low
4. Overbought RSI at 1H swing high
NOTE: Wait for price action to confirm the importance of these levels.
NOTE: This is a counter trend oppertunity based on my daily outlook
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Ascending Channel
Bearish Patterns
Candlestick Analysis
Descending Channel
killzone
orville
price-action
SELL
short
support
Support and Resistance
wright
orvilleawright
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I may trade all, some or none of the ideas posted. All of my contributions are for educational purposes only. 'TRADE What You SEE'' and all the best!
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