Hi Traders! Here is the weekly trades summary April 13th 2018. Second trading week of April is over. It is now time to recap and summarize the trade setups that we had. Below you will find the short explanation of all setups we had this week.
USDJPY – No trigger as price didn’t reach the magnet zone and moved higher.
CADCHF – Setup invalidated.
AUDCHF – Setup invalidated.
EURJPY – Trade failed.
EURCAD – This setup is still valid. Price has reached the magnet zone, we have bullish divergence. If a bullish reversal happens here, wait for more bullish evidences in the form of false break and trend line breakout. We may then start looking for buys.
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Have a nice weekend!
Yours to your success