Many of the patterns that the initial pattern scan yielded were invalidated in short order by either AUD strength or GBP weakness. However, this opened up some new potential opportunities.
My initial post of this week found potential plays on 13 pairs (AUDCAD, AUDCHF, AUDJPY, AUDUSD, CADCHF, EURCAD, EURNZD, EURUSD, GBPCAD, EURNZD, EURUSD, GBPCAD, GBPJPY, GBPUSD, NZDUSD and USDCAD).
AUDCHF, AUDJPY, AUDUSD (Bat, D1 Cypher is fine), EURUSD, GBPCAD, GBPJPY, and GBPUSD were invalidated (of course when one pattern fails another is in development but I’ll cover those when they are closer to fruition, I have enough patterns for now.)
GBPAUD, GBPCHF, GBPJPY, GBPUSD and NZDJPY present new opportunities.
Here are the updated charts:
The charts that I was most confident in will be detailed separately with my Pre-London post. Cheers.