Hi Traders! Weekly Trades Summary January 11th 2019 is here. Second trading week of January is over. It is now time to recap and summarize the trade setups that we had during this week. Below you will find the short explanation of all the trade setups we had in this week.
USDJPY – This setup worked exactly as per our plan, we have collected nice profits.
EURUSD – Price moved higher and broke above the critical zone, thus invalidating this sell setup.
Litecoin – Price moved exactly as per our plan in the sell scenario and we have collected nice profits. Our buy plan is invalidated as price broke below the critical zone.
NZDCHF – Price moved higher and reached the critical zone as we expected, we may now look for bearish evidences and start looking for sells. Our sell plan is valid until this critical zone holds.
EURJPY – Price is moving exactly as per our plan. Once the pullback completes itself, we may then start looking for sells with more bearish evidences.
Dow Jones – This setup is still valid.
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Have a nice weekend!
Yours to your success,