I believe GBPUSD will sell off if it respects the original daily Support as resistance, the trend line, and holds under the 50EMA. I will not sell if it break and hold those areas. A 4th confluence will be within the candlesticks.
USDCHF has pulledback to a zone area and trend line. Depending on price action, I will sell at the current zone location and trend line. If price decides to break and retest the trendline, I will trade up to the next zone.
USDJPY is now at a major zone area. Im looking for a break and retest with continuation of the trend. But I am also ready for a reveral if it decides to reverse at the zone.
According to my analsys, NAS100 has been traveling in a descending channel with long range pullbacks without breaking structure/trend. It has pulled back to the top of the channel and is now ready to drop creating a new low with continuation of the trend. As you see, I marked the rejections of the trendline as it has previously prior to changing directions.
