Trade Alerts – AUDCAD & USDJPY

Trade alerts for Friday Aug 12 are as follows . Two pairs in my radar :AUDCAD SHORTPrice is has been printing candles with long upper shadows signifying a weakness in the Bullish strength. Todays candle (Aug 11th) shows strong Bearish strength. I'm short on a break below today's candle .Entry : 0.99758Stop: 1.01320  USDJPY LONGPrice has retraced

Trade Alert – NZDCAD – DOUBLE TOP REVERSAL PATTERN

NZDCAD  :Even though price did not reach all the way up to previous resistance , after Wednesday's price action you are safe to consider this as a Double Top reversal pattern.I have entered a Sell Limit order below to be triggered if price breaks Thursdays low with a stop above Wednesday's high.Entry : 0.93266Stop

Trade Alert AUDNZD & EURGBP Swing Trade

EURGBP Short .Price has printed a BEARISH engulfing candle at a very key level.  As you can see the market has printed a uptrend line over the last 8 - 10 days. However the lack of large solid BULLISH candles shows weakering BULLISH power.Following the minor Green bars over the last 8 - 10

Trade Alert – GBPNZD

Price has retraced following a parabolic downtrend.  The retracement was capped by the BEARs rite at .38 Fib level which shows that the BEARISH pressure is still on.Enter SHORT - 1.82766Stop Loss above Aug 1st candle = -157 pips1st Target -

Trade Alert – USDJPY & CADJPY

CADJPYBearish engulfing pattern printed on a key level.  The bearish sentiment is also supported by the touch of the downtrend line.Similar to trade above another Bearish engulfing candle printed on a key level and downward trendline.Full