Daily Watchlist

19 мая 2021 г.

EURAUD
**My Forecasts**

price seem to have completed a daily correction for a potential sell coming from a daily leg down to the down side

- as price had completed the 3rd touch of the ascending channel and broken above the double top, if price decide to impulsive back down and break back into the pattern will be looking for a 15min or h1 flag to get in short

USDCAD
**My Forecasts**

as price is sitting on a nice high value areas and had a decent rejection will be looking to for a potential long but just being aware that we could also developed into a larger bear flag for a potential sell

- as price has rejected form the daily double bottom and seem to be breaking back into the pattern will be looking for a clean h1 flag to get in long ideally with 2 top and 2 bottom as the push up isn't that clean
- alternatively will be looking how price behave at the top of the potential flag as if price get to the areas correctly will be looking to switch my bias and look for long, if we get corrective price action on the 3rd touch of the potential larger flag will be looking to take a RE or phase line break at the 3rd touch but failing that will be looking for push down and take a 15min or h1 flag

CADJPY
**My Forecasts**

as price had broken out from a daily expanding pattern as a daily correction price seem to be trending to test the over all double top for a potential short term buy to take price to the daily double top

- price seem to be developing a large bull flag where price had created 2 top of the flag with a clean middle section, if price move down to the double bottom correctively will be looking for a RE or phase line break at the double bottom of the pattern but f price get messy at the areas will be looking for a rejection from the areas and take a 15min or 1h flag

EURGBP
**My Forecasts**

as price had an impulsive break at the daily breaking the daily lows price seem to be in a process of developing a larger bear flag for a correction for the daily push down. we could potentially see a valid sell to take price to the lows of the pattern

- as price had developed a h4 flag and rejected from the over ride of the pattern will be looking for a 15min or h1 flag to get in short given if I have enough room to manage my trade before the bottom trend line
- alternatively if price completes the 3rd touch of the flag will be looking to take a RE or phase line break if price get to the 3rd touch correctively but failing that if price gets messy at the areas will be looking for a push down and take 15min or h1 flag