Hi Traders! Here is the weekly trades summary August 3rd 2018. First trading week of August is over. It is now time to recap and summarize the trade setups that we had this week. Below you will find the short explanation of all setups we had in this week.
USDJPY – Price moved exactly as per our plan and we collected some profits before the reversal.
USDCHF – Price is moving exactly as per our plan. The correction that we were looking for has happened, we may start looking for sells with bearish evidences until the invalidation level holds.
NZDCHF – Price is moving exactly as per our plan. We got a valid breakout below the range and collected profits already.
NZDUSD – Price broke below the confluence point with momentum. It’s better to stay away from this setup for now.
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Have a nice weekend!
Yours to your success,