MAY 3 – MAY 8 WATCH LIST

Weekly Watch List
Comments



EURJPY: Falling Wedge Breakout

Buy after the retest.

EURAUD: Short Term Sell Before The Buy

Same as EN. Looking to buy after the pull back. The pull back may give you a nice intraday sell opportunity.

EURCAD: Falling Wedge Breakout. Buy After The Correction

Nice breakout. Will be looking for a pull back or bullish flag before the next push up.

EURNZD: Short Term Sell Before The Buy

Looking to buy after the pull back. The pull back may give you a nice intraday sell opportunity.

GBPNZD: Sell or Buy?

There’s 2 scenarios for this pair so my initial bias is neutral. We could have a nice short opportunity since it formed a double top. I also see a potential inverted H&S forming, which would give us a nice entry to take the pair long.

GBPCHF: Sell After The Correction


Double top, TL break, and nice impulse leg to the downside. I’m expecting some type of correction before continuing down. So I’m waiting for a pull back or a bearish flag to form.


AUDJPY: Rising Wedge + Tweezer Top At Major QP

Nice rejection at wedge resistance which has a major QP confluence 70.000. Got a small breakout and retest of wedge support which has a small QP confluence 68.750. Initial bias is bearish, I’m favoring more movement to the downside.
Updated: May 4, 2020 — 8:44 am

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