Bill Williams’ Indicators Analysis 17.04.2013 (USD/CAD, NZD/USD)

17.04.2013

Analysis for April 17th, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator opened its mouth upwards. The price is finishing a bearish fractal; the indicators are in the red zone; there is a Squat bar on the MFI. My limit buy order with a protective stop below the Alligator’s teeth worked.



At the H1 chart of the USD/CAD currency pair, the Alligator closed its mouth went to sleep. The indicators are in the grey zone so far; there might be a Squat bar on the MFI. I opened a buy order with the target above bullish fractals.



NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator is opening its mouth downwards. The indicators are in the green zone; there is a Squat bar on the MFI; the price is finishing a bullish fractal.  My sell order with a protective stop above the Alligator’s mouth worked.



At the H1 chart of the NZD/USD currency pair, the Alligator is sleeping. The indicators are in the red zone; there are Squat bars on the MFI. I’m planning to move the stop into the black after the price finished a bullish fractal.



 
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