BEARISH EURUSD 1H: Sell channel tops; Buy BAT pattern
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
If you find this information useful. Please hit the LIKE button.
(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
If you find this information useful. Please hit the LIKE button.
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!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.