Nov 5 2015: BULLISH EURUSD 1H: Buy channel bottom; Buy Support
(Analysis Based on 1 hour chart)
Observations
1. Long term down channel
2. Oversold RSI at 1H swing low
3. Regular divergence
Price at daily and weekly support
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. Oversold RSI at 1H swing low
3. Regular divergence
Price at daily and weekly support
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!