EURAUD to go down.

FX:EURAUD   Euro Fx/Australian Dollar
140 1 1
Uptrend was stopped by a head and shoulders pattern and a down trend started creating new resistance lines and bouncing off older ones. It now faces a trend resistance line actually two of them and previous resistance level will try to not let price higher. In this trend there was a falling wedge witch broke out to the down side and now the trend has made a bearish flag patter.
My entry point and exit points are shown in the chart. (But actually i have already take this position)

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Idea developed by Wizard ;)
I publish ideas weekly and actually almost every day (5 trades today ggeesh ;)
2 years ago
This has been going down for a while now, but still waiting for it to reach resistance zone to close.
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