AUD Weekly and 3-day pattern
Tuesday moved up into the 3-day highs @ .6449, and consolidated over 4 hour periods between the 5-day 50% level and those highs.
Wednesday:- once again I don't have a probability pattern.
5-day 50% level random resistance @ 6404...
Any weakness below the 3-day filter and price action is to move down into Wednesday lows.
Above the 5-day 50% level and potential UP move would be to the 5-day highs @ .6538
Euro Weekly and 5-day patternYesterday's reversal down from the 3-day filter and 5-day 50% level after the early rise will normally favour a continuation down into Wednesday's lows, as part of a 2-day SELL pattern
Random support the Weekly lows- 5-day lows on Wednesdays...
3-day blue filter is the trend guide.
GBP Weekly and 3-day pattern
Weekly lows support...
3-day filter is a random resistance zone but much less so if it's rising upwards.
trade on the side of the blue filter....
If it's hitting the 3-day filter @ 1.4143, confirm it with a 4 hour top....
that means let the 4 hour UP bar close and then use it as resistance on the next bar.
Other wise a move and break upwards and continue towards the 3-day highs @ 1.4259.
Note:- Break of the Weekly lows and Wednesday's 5-day lows bearish
