Euro Weekly and dailyTrading around September lows, and any reversal will be defined by the Weekly balance points.
At this stage because of the Weekly close of August, September's 50% level is view as resistance and further down moves...
Only three set-ups last week that I traded :-
Two set-ups trading down, as the Euro continued lower, and the last trade was based on price rotating back into the 5-day 50% level...
1. Euro +34 pips on 41 completion but should have held longer
2. 61 pips..
3 & 4. longs 23 pips +45 pips
But should have traded shorts that day on the 5-day 50% level rejection pattern.
Monday's report after 11am
