Nov 18 2015: BEARISH EURGBP 1 Hour: Price near bearish channel low
(Analysis Based on 4 hour chart)
Observations
1. Long term down channel
2. Short term down channel
3. Price close to channel low
4. Price at the 1.272 fib extension
5. Bearish cypher pattern
NOTE: Wait for price action to confirm the importance of these levels.
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(Analysis Based on 4 hour chart)
Observations
1. Long term down channel
2. Short term down channel
3. Price close to channel low
4. Price at the 1.272 fib extension
5. Bearish cypher pattern
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!
