Nov 9 2015: BEARISH EURUSD DAILY: Price at down channel lows
(Analysis Based on Daily charts)
Criteria
1. Long term up channel (now broken)
2. Short term down channel (downside overshoot)
3. RSI oversold
4. Expecting some upside correction
NOTE: Wait for price action to confirm the importance of these levels.
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(Analysis Based on Daily charts)
Criteria
1. Long term up channel (now broken)
2. Short term down channel (downside overshoot)
3. RSI oversold
4. Expecting some upside correction
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!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
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!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.