MaryJane
Short

On the way to the next action point!

FX:EURAUD   Euro Fx/Australian Dollar
291 2 25
Flag Attack!
1. 44             is the central MoB-Level! Trading below that Level could initiate a selloff!
Only Prices above 1.48 will brighten the Chart!

A cyclical Stoppsell could be following position:
snapshot


The risk loving anticyclical countertrader would prefer following Position
snapshot


How would you trade that?
Comments are welcome -agree or disagree!
Comment: reached action point
snapshot
Comment: they bought it again!
snapshot
It's a coorective structure, so wait for a break above the trend line.
snapshot
Reply
let`s see..i am waiting for the break below :-)
Reply
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