Daily Watchlist
EURAUD
**My Forecasts**
price is seem to be trending to the down side and developing a daily correction for a potential one more leg to the down side
- if price break above the double top of the pattern and complete the 3rd touch of the ascending channel with a clean 123 LTF reversal pattern will be looking for a RE or phase line break on the 3rd touch, but if price gets messy at the areas will be looking for push down and take a 15min or h1 flag
- alternatively price doesn't need to complete the 3rd touch of the ascending channel if price breaks above the over ride of the pattern and impulses to the down side will be looking for a push down and take a 15min or h1 flag
GBPJPY
**My Forecasts**
price is contained with in a daily expanding pattern for a potential short on the 3rd touch of the daily pattern and could be also offering a short term but to complete the daily pattern
- if price complete a larger correction (bull flag) will be looking for a RE or phase line break at the double bottom of the flag if we get a clear 2 top of the correction or failing that if price get messy at the double bottom will be looking for a rejection and take a 15min or h1 flag for the long
- alternatively price could just easily corrects to the 3rd touch of the pattern if price get to the 3rd touch of the daily expanding with a clean 123 LTF reversal pattern will be taking a RE or phase line break on the 3rd touch or if price gets messy at the areas will be taking a push down and a 15min or h1 flag
**My Forecasts**
price is seem to be trending to the down side and developing a daily correction for a potential one more leg to the down side
- if price break above the double top of the pattern and complete the 3rd touch of the ascending channel with a clean 123 LTF reversal pattern will be looking for a RE or phase line break on the 3rd touch, but if price gets messy at the areas will be looking for push down and take a 15min or h1 flag
- alternatively price doesn't need to complete the 3rd touch of the ascending channel if price breaks above the over ride of the pattern and impulses to the down side will be looking for a push down and take a 15min or h1 flag
GBPJPY
**My Forecasts**
price is contained with in a daily expanding pattern for a potential short on the 3rd touch of the daily pattern and could be also offering a short term but to complete the daily pattern
- if price complete a larger correction (bull flag) will be looking for a RE or phase line break at the double bottom of the flag if we get a clear 2 top of the correction or failing that if price get messy at the double bottom will be looking for a rejection and take a 15min or h1 flag for the long
- alternatively price could just easily corrects to the 3rd touch of the pattern if price get to the 3rd touch of the daily expanding with a clean 123 LTF reversal pattern will be taking a RE or phase line break on the 3rd touch or if price gets messy at the areas will be taking a push down and a 15min or h1 flag
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