AUD Weekly and 3-day pattern
Expectation of lower prices, with the most robust sell zone being the 5-day high.
At this stage price is below the 3-day filter, which can push AUD lower, therefore is a shorting level, but undertand that the AUD can push upwards towards Monday highs.
Euro Weekly and 3-day patternTrading below Friday's highs... and if Short from those levels we want to see price continue down into the 5-day 50% level.
Monday's intra-day trend guide is 1.2809, if it's below that we can relax...
Above that and there can be a push higher into Monday's highs.
Hopefully it won't do that and continue down from the Weekly 50% level.
Position traders would want to manage any shorts by partial exitting around the 5-day 50% level and hold with tight stops.
GBP Weekly and 3-day pattern
If short from Friday's 5-day highs, I would partial exit at this level or run tight stops above the blue filter.
Above 1.4387 and price can kick upwards towards MONDAY'S HIGHS.
Partial exit would be around the 5-day 50% level.
any further downside probably won't occur until Tuesday:- 3-day filter sell zone.
