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moorekapital
Jun 24, 2015 1:10 AM

EURAUD: EN ROUTE TO LC Short

Euro Fx/Australian DollarFXCM

Description

BX
TL BO
Test Of BX= DT

The Move Down Following Failure @ BX Is Fierce = This Deserves A Second Leg Down. If You Look Back, You'll Find Most Moves From LC To UC Do So In 2 Legs.
Alternatively, Should 1.44376 Hold Support To Price, We Shall See Another Rally back to BX Point

I'm Anticipating A PB And Then The Touch Of The LC

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BX= Buy Climax
DT= Double Top
TL=Trend Line
BO=Break Out
LC= Lower Channel
UC= Upper Channel
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IvanLabrie
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