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orvilleawright

BEARISH EURUSD WEEKLY

Kort
Euro / USA-dollar (FX_IDC:EURUSD)  
orvilleawright  
FX_IDC:EURUSD   Euro / USA-dollar
EURUSD Weekly Charts orville wright Bearish Patterns SELL short price-action Descending Channel Ascending Channel support Support and Resistance
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eurusd weekly orville wright bearish sell short price-action descendingchannel ascendingchannel support supportandresistance
Nov 9 2015: BEARISH EURUSD WEEKLY
(Analysis Based on Weekly charts)

Criteria
1. Long term down trend
2.Price close below weekly SR zone
3. Recent strong bearish price action
4. Expect price to continue moving down to the 1.0504x support level

NOTE: Wait for price action to confirm the importance of these levels. I don't trade from the weekly chart. I use it to evaluate overall market direction.

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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!

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