EUR Daily and 5-day chart....EUR pushing up towards the Weekly highs, but Ideally I would like to see price move down towards the Weekly 50% level before any UP trend continues this week.
There is a converagance of the 3-day pattern, therefore there is going to be a breakout either way today...
The levels will be confirmed midnight GMT time, but if price is trading above the Yellow 3-day channel then the bias is to move higher on Tuesday....
Yesterday's expectation was that price was coming down from the 90 pip top and would begin to push down on Monday.....
However the push only lasted 43 pips, which 41 pips is the normal partial exit strategy when trading.....
Simply define Tuesday's trading by the Spiral risk filter: below and it's move down to complete the 90 pip range and hopefully continue down....
Above and expectation price will moving towards the 5-day highs......
