Daily Watchlist

2021년 5월 21일

USDCAD
**My Forecasts**

price is sitting in a daily double bottom for a highs value area for buys and price seem to be creating an extension of the pattern of the daily descending pattern

- if price moves to the 3rd touch of the extension correctively will be looking for a risk entry or a phase line break on the 3rd touch of the pattern, but if price get messy with in the areas will be looking for push up and take a 15min or h1 flag
- alternatively if price doesn't make it all the way to the 3rd touch and rejects off the over ride of the pattern will be looking for a h1 flag only on the over ride

GBPUSD

**My Forecasts**

price is arcing it way back into the daily double top and price getting to the areas with clean structure for a 123 ascending channel where the 3rd touch of the pattern lines up on the double top for a high probability sell

- if price completes the 3rd touch of the pattern, breaks above the double top and price get there correctively will be looking to take a risk entry or a phase line break at the 3rd touch, but if price gets messy at the areas will be looking for a push down and take either a 15min or h1 flag

NZDJPY

**My Forecasts**

after price had rejected off a daily double top and seem to be had broken out of a ascending channel, price is now developing a larger correction for the next leg to the downside

- as price had developed a clear second bottom of the larger flag, if price get to the double top of the flag correctively will be looking to take a risk entry or a phase line break at the double top but if price get messy with in the areas will be looking for a push down and take a 15min or h1 flag given if I have enough room to manage my trade before the bottom of the pattern