high Risk trading 'shorts' above the 3-day filter :-
Trading longs above the 3-day filter on Thursday isn't a probability pattern"
Yesterday's report
AUD Daily and 3-day pattern
AUD formed a 'hook' day above the Weekly 50% level on Wednesday, but because the previous 3-days were playing out precisely based on the Weekly 'drop' pattern, Thursday was view as a down down because it was still trading below the 3-day filter.....
3-day filterThursday broke higher,which wasn't part of my set-up, and now the Weekly 'drop' pattern is null and void based on the expectation of price closing lower on Friday.
No probability pattern from Friday, simply trade the levels shown.
Weekly Report tomorrow.
- All Daily forex reports are written before 9.00am Sydney Time, which is approximately 3 hours before Midnight GMT
