BEARISH EURUSD 1H: Price consolidating at previous weekly low
Nov 12 2015: BEARISH EURUSD 1H: Price consolidating at previous weekly low
(Analysis Based on 1 hour chart)
Observations
1. Long term down channel
2 Possible bullish head and shoulder pattern
3. Regular bullish RSI divergence
4. RSI oversold
5. Price consolidating
NOTE: Wait for price action to confirm the importance of these levels.
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(Analysis Based on 1 hour chart)
Observations
1. Long term down channel
2 Possible bullish head and shoulder pattern
3. Regular bullish RSI divergence
4. RSI oversold
5. Price consolidating
NOTE: Wait for price action to confirm the importance of these levels.
If you find this information useful. Please hit the LIKE button.
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