Daily Watchlist
NZDJPY
**My Forecasts**
price is sitting on a daily double top and price is completing a 3 touch ascending channel at the areas for a high probability sell
- if price move to the 3rd touch correctively ideally developing a 123 reversal pattern on the lower time frame will be looking to take a risk entry or a phase line break on the 3rd touch, but if price get messy with in the areas will be looking for a push down an take a 15min or h1 flag from the areas
- alternatively since price had already broken above the double top of the pattern if price decide to go early and present a clear push to the down side will be looking to take a h1 flag off of the over ride
NZDCAD
**My Forecasts**
after price had a strong rejection at the bottom creating a lower low on the pattern this could possible develop into a daily expanding pattern as a continuation coming from the break of the previous ascending channel, looking for a short term buy to complete the daily expanding pattern
- as price now is correcting after the push up looking for price to create a second confirmed top of the larger bull flag and if price move to the double bottom of the bull flag correctively will be looking for a risk entry or a phase line break at the double bottom but failing that will take a flag with in a flag either on the 15min or the h1
USDCHF
**My Forecasts**
price is contained with in a daily descending channel where price could possible move all the way to the lows of the daily pattern, looking for a proper continuation to get involve in a short term sell to take price to the lows to complete the pattern
- as price is contained with a LTF descending channel price is developing a potential running channel with a clean 123 ascending channel heading to the upper trend line of the descending channel, if price correctively move to the 3rd touch of the pattern will be looking to take a risk entry or a phase line break, but if price gets messy at the areas will be looking to take a push down and 15min or h1 flag
- alternatively if I don't get an entry with in the ascending channel will looking for an impulsive break of the ascending channel and take a h1 flag after the break given if I have enough room to manage my stop before the bottom of the pattern
**My Forecasts**
price is sitting on a daily double top and price is completing a 3 touch ascending channel at the areas for a high probability sell
- if price move to the 3rd touch correctively ideally developing a 123 reversal pattern on the lower time frame will be looking to take a risk entry or a phase line break on the 3rd touch, but if price get messy with in the areas will be looking for a push down an take a 15min or h1 flag from the areas
- alternatively since price had already broken above the double top of the pattern if price decide to go early and present a clear push to the down side will be looking to take a h1 flag off of the over ride
NZDCAD
**My Forecasts**
after price had a strong rejection at the bottom creating a lower low on the pattern this could possible develop into a daily expanding pattern as a continuation coming from the break of the previous ascending channel, looking for a short term buy to complete the daily expanding pattern
- as price now is correcting after the push up looking for price to create a second confirmed top of the larger bull flag and if price move to the double bottom of the bull flag correctively will be looking for a risk entry or a phase line break at the double bottom but failing that will take a flag with in a flag either on the 15min or the h1
USDCHF
**My Forecasts**
price is contained with in a daily descending channel where price could possible move all the way to the lows of the daily pattern, looking for a proper continuation to get involve in a short term sell to take price to the lows to complete the pattern
- as price is contained with a LTF descending channel price is developing a potential running channel with a clean 123 ascending channel heading to the upper trend line of the descending channel, if price correctively move to the 3rd touch of the pattern will be looking to take a risk entry or a phase line break, but if price gets messy at the areas will be looking to take a push down and 15min or h1 flag
- alternatively if I don't get an entry with in the ascending channel will looking for an impulsive break of the ascending channel and take a h1 flag after the break given if I have enough room to manage my stop before the bottom of the pattern
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