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WBGwen
Nov 19, 2018 6:03 AM

EURAUD Big drop may occur soon. Keep riding the downtrend Short

Euro Fx/Australian DollarFXCM

Description

Price hitting the major resistance than drop
Price is in the ascending channel (Reversal pattern) and break the channel
Downtrend may continue
Find correction and keep shorting all the way down.

This chart is just a bigger picture, not a trade setup.

Update for trade setup will follow.

(Note: Never trade with the money you can't afford to lose)

Good luck.

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