AUD Weekly and 5-day pattern
As per Weekly report I'm bullish on currencies in this last week of the Quarter.
With Monday's trading and now confirmed with the break of the 3-day cycle, my expectation is a continuation upwards.
Personally I wouldn't go looking to short currencies (position/ medium term) until this weeks completes.
If long stay long, until it either reaches those June highs, or run stops accordingly
Euro Weekly and 5-day patternEuro started Monday with a move down into the 5-day 50% level, but the confirming pattern was the 4 hour HOOK back above the Weekly 50% level.
As per Weekly report:- Above the Weekly 50% level and my expectation is a trending week upwards.
simply trade on the side of the 3-day filter.
Note:- nothing is guaranteed when analysing the markets therefore run stops accordingly
