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649bruno
Sep 15, 2016 8:28 PM

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

Euro Fx/Australian DollarFXCM

Description

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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