orvilleawright

BEARISH EURGBP 1 Hour: Bullish BAT pattern at market

Long
FX:EURGBP   Euro / Livre Sterling
Nov 11 2015: BEARISH EURGBP 1 Hour: Bullish BAT pattern at market

(Analysis Based on 1 hour chart)

Observations
1 Short term down channel
2. RSI oversold at swing low
3. Price at down channel mid-line
4.BAT at pattern at market
5. RSI hidden divergence
6. RSI regular divergence

NOTE: Wait for price action to confirm the importance of these levels.

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