AUD Weekly and 3-day patternAs per Weekly report, whilst the AUD is above the January 50% level I'm looking for a move higher.
However, Sunday has pushed down below the January 50% level.
Monday:- 3-day filter random resistance with the expectation of price moving down into Monday's lows.
For the AUD to follow any higher moves in January price will begin with a breakout of the 3-day highs, and traders can use the 5-day 50% level the next day as support.
Otherwise stick with the trend, and on Monday it's below the timeframe 50% levels, and looks to be moving down into Monday's lows and the Weekly 50% level.
Euro Weekly and 3-day patternBearish on the Euro, but looking for a 2-day swing towards the Weekly 50% level.
Monday:- no probability pattern
Trade on the side of the blue filter @ 1.3428.
Below and it's pushing down into Monday's lows & Weekly lows.
GBP Weekly and 3-day patternBullish this week on the pound as per Weekly report, but looking for a move down into the higher timeframe 50% levels before any potential upswing.
Monday:- Ideal pattern would be to move up into the 3-day filter and down into Monday's lows.
If the Weekly trend is going to continue higher, then Monday's lows should support price and then rise higher on Tuesday from the 5-day 50% level.
