649bruno
Short

EURAUD: Negative AB=CD Pattern, Sell Fractals Indicate Down Move

FX:EURAUD   Euro Fx/Australian Dollar
27 0 4
An AB=CD pattern was followed shortly by negative phase energy and sell Fractals.
Other negatives:

CHOP began sinking.
CHOP ZONE turned red.
Price is below Ichimoku cloud .
Price is below cloud red conversion line.
Price is below cloud (black) baseline.
Ichimoku Cloud conversion line and base line are heading down.
Long positions are not advised.

Good luck to you in all your trades. Don.
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