Weekly and Daily chartsEuro break of the monthly 50% levels, and looks like it's continuing down into the August lows.
Next Week:- I would like to see a test of the Monthly 50% level in August and then trade down into the Weekly lows.
Ideal pattern would be a test and reject pattern around the 5-day 50% level.
Now the best pattern would be to sell a higher daily open, but it could continue down on the same day, which is Monday.
Don't short trade above the 5-day 50% level, as it might swing UP as high as the 3-day highs.
