Nov 10 2015: NEUTRAL EURGBP Daily: Sideways price action
(Analysis Based on Daily chart)
Observations
1.Price trading sideways after a sharp down move
2. Short term up channel
3. Potential head and shoulder
4. RSI oversold at swing low
5. RSI hidden divergence
NOTE: Wait for price action to confirm the importance of these levels.
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(Analysis Based on Daily chart)
Observations
1.Price trading sideways after a sharp down move
2. Short term up channel
3. Potential head and shoulder
4. RSI oversold at swing low
5. RSI hidden divergence
NOTE: Wait for price action to confirm the importance of these levels.
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!
