FX:EURAUD   Euro / Australian Dollar
This one will go down for one more. It is basically pulling off the high of its ending diagonal on 4 hr/1hr, which means, I'm looking for a flag to sell. It did a 1-2-3 correction at equal length off the .618 retrace. It made a large leading diagonal on the weekly on the 3rd leg of a larger W-X-Y combo pattern.... ahh, forget it. There's gonna be a freaking sell but it can push higher first if it corrects and goes up. If it breaks the area it just tested probably going to continue down.
Comment:
It corrected and went up....
Comment:
It will probably continue up considering GBPAUD but I still think there will be more downside but that will be down the road

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.