AUD weekly and 5-day pattern
most currencies against the USD have broken their MAY highs, with the expectation price is pushing up towards the June highs.
We also have higher Weekly opens, which often can pullback 2-days before the trend continues higher. This is also valid when prices rise into Friday's highs and stall.
When that happens there is a greater probability of a pullback into support (2-day), and then we look for 3rd day pattern long trades.
3-day filter trend guide & trade on the side of the Yellow
Euro Weekly and 5-day pattern
Read AUD report and apply
GBP Weekly and 5-day pattern
Same applies to GBP.
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
