AUD Daily and 3-day patternTrading around the Weekly balance point and Monday will be opening around the 3-day filter.
normal price action is an expectation to push down once again, or into at least the brown filter.
Don't short trade above the 3-day filter
EURO Daily and 3-day pattern
As per Weekly report:- bouncing off October lows and expectation price is rotating back towards the higher timeframe 50% levels.
Ideally I would like to see Euro test the Weekly balance point first before it continues higher.
But if trading above the 3-day filter....
Monday could end up choppy:- 5-day 50% level and 3-day filter trend guide
GBP Daily and 3-day patternAs per Weekly report:- bouncing off October lows and expectation price is rotating back towards the higher timeframe 50% levels.
The Weekly balance point and 3-day filter the trend guide.
- All Daily forex reports are written before 9.00am Sydney Time, which is approximately 3 hours before Midnight GMT
