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orvilleawright

BEARISH EURGBP 1 Hour: Bullish BAT pattern at market

Long
Euro / Sterlina (FX:EURGBP)  
orvilleawright  
FX:EURGBP   Euro / Sterlina
hourly EURGBP orville wright Bullish Bat short SELL Bearish Patterns consol hiddendivergence regulardivergence support Support and Resistance Descending Channel price-action
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hourly eurgbp orville wright bullishbat short sell bearish consol hiddendivergence regulardivergence support supportandresistance descendingchannel price-action
Nov 12 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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