Euro Weekly and Daily
Last day of August, and instead of price trading around September 50% level looking for a continuation down, it looks like price is continuing down into September lows without the monthly reversal pattern.
The Weekly balance point has been defining the trend within the 5-day pattern, and next week's balance point should be used for the overall trend...
Note:- above the Weekly balance point and the expectation is that price is moving up into September 50% level. If the trend is going to continue down after a test of September 50% level it should align with a higher Weekly open the following week.
EURO 3-day pattern
4 trades last week:- 3 winners (2 stopped on breakeven after partial exit Monday and Thursday)
1 loss on Friday, as previously described.
Monday report after 11am
