DEC 29 – JAN 3 WATCH LIST

GBPUSD: Short Opportunity

Got a nice retest of the large QP 1.32500 with a nice 61.8 fib confluence. Analysis is playing out as expected.

EURUSD: Time For A Pull Back?

Looking for a new higher low to be created, expecting a pull back. May not drop all the way down to the golden pocket, may only pull back to the 50 fib. Look for some bullish PA at those levels.
EU UPDATE: Playing Out Nicely, Dropped +55 Pips


GOLD: Bulls Are In Control. Pull Back Before The Next Leg Higher?

Finally got a break out of the bullish flag. Expecting some type of correction, maybe a pull back to retest broken resistance. Other scenario would be to form a bullish flag before continuing up.
GOLD UPDATE: No Pull Back, Continued To Push Up For +236 Pips
Bulls completely took over. Price is now approaching key resistance.

AUDJPY: Bearish Divergence And Just Shy Of That 3rd Touch

Time to sell?
AJ UPDATE: Another Perfect Analysis, Dropped +75 Pips
I think she still hare more drop in her.

EURAUD: At Key Support. Are Buyers Ready To Take Control?

Price is at a major QP 1.6000. Waiting for some bullish price action to confirm the buy. Wait for break of previous high.
EA UPDATE: Got The Break, Waiting For The Retest


AUDUSD: At Key Resistance. Top Of Channel With Major QP Confluence

At channel resistance which is at a major QP 0.70000. Is it time to sell? Usually goes opposite of EA so a sell makes sense if we’re looking to buy EA.
AU UPDATE: Playing Out As Expected, Dropped +40 Pips
False break then dropped it like it was hot.

USDJPY: Waiting For A Break Out Of The Ascending Channel

SELL!! Wait for the break and retest
UJ UPDATE: Dropped +75 Pips
Will we see a retest of 107.5?

GBPAUD: Retest Of Major QP Before The Next Lower Leg?

Expecting price to retest the major QP 1.9000. But we could get a bearish flag and it could drop sooner.
GA UPDATE: Playing Out Nicely, Pushed Up +159 Pips
Would like to see a deeper pull back.

EURJPY: Coming Off A Large QP

Got a nice bounce off a large QP 122.50. Could just be a retracement, overall trend is still bullish. Let’s see if it creates a new lower low.
EJ UPDATE: Played out perfectly, +100 pips


GBPJPY: Inverted H&S Plus Bullish Flag. Ready For The Next Bull Run?

Nice break out of the bullish flag. Expecting a correction before continuing up.
GJ UPDATE: Got the Break, Waiting For The Retest
Updated: January 3, 2020 — 9:35 am

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