MAY 3 – MAY 8 WATCH LIST dmacinc May 3, 2020 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.