GC (GBPCAD) bias long CONFLUENCE’S for long bias; •50/100/200 as support •Sat on major weekly support •Up trend •Making higher lows •Weak CAD
GJ (GBPJPY) Bias Short CONFLUENCE’S for short bias; •Downtrend •Tweezer tops •Double zone •H&S pattern •Respecting descending trend line. •Engulfing bearish candle •Daily 50 ema as resistance
EU (EURUSD) bias Short CONFLUENCE’S for short bias; •Broke ascending trendline •”M’ pattern formed •Strong dollar expected •Broke out ascending channel •On weekly resistance .
EJ (EURJPY) bias short ' CONFLUENCE’S for short bias; •Tweezer tops •Weekly resistance •Downtrend •Double zone •Respecting descending channel •Strong YEN
EN (EURNZD) Bias long CONFLUENCE’s for longs •On major weekly support •Weak nzd •Broke out of descending channel and is now retesting this.
CJ (CADJPY) bias short CONFLUENCE’S for short bias; Downtrend •1hr & daily tweezer tops •H & S pattern • Weak cad •Weekly resistance •On a double zone •Bearish engulfing candle
AJ (AUDJPY) Bias short CONFLUENCE’S for short bias; Respecting descending trendline Downtrend Weekly resistance (pink box) On a double zone Using 200 ema as resistance on high TF
GJ (GBPJPY) Bias Short CONFLUENCE’S for short bias; Downtrend Tweezer tops Double zone 50ema as resistance Respecting descending trend line
EJ (EURJPY) bias short CONFLUENCE’S for short bias; Tweezer tops Week ly resistance Respecting descending trend line 100ema as resistance Downtrend Double zone
EU (EURUSD) bias long CONFLUENCE’S for long bias; Broke out of descending channel Respecting lower trend line