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orvilleawright

BEARISH EURUSD 1H: Possible bullish head and shoulder pattern

Long
Euro / US-Dollar (FX_IDC:EURUSD)  
orvilleawright  
FX_IDC:EURUSD   Euro / US-Dollar
hourly EURUSD orville wright Head and Shoulders Descending Channel SELL short Bearish Patterns support Support and Resistance price-action regulardivergence
2
0
hourly eurusd orville wright headandshoulders descendingchannel sell short bearish support supportandresistance price-action regulardivergence
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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