Bill Williams’ Indicators Analysis 19.04.2013 (USD/CAD, NZD/USD)
19.04.2013
Analysis for April 19th, 2013
USD/CAD
At the H4 chart of the USD/CAD currency pair, the Alligator is moving upwards. The price finishing a bullish fractal; but the indicators are in the red zone; there is a Squat bar on the MFI. I’ve moved my protective stop closer to the level of the Alligator’s teeth.
At the H1 chart of the USD/CAD currency pair, the Alligator, after moving upwards for a while, went to sleep. The indicators are in the grey zone; there are Squat bars on the MFI. I’m keeping my buy order opened.
NZD/USD
At the H4 chart of the NZD/USD currency pair, the Alligator is opening its mouth downwards. The price is finishing a bearish fractal; the indicators are in the grey zone; there are Squat bars on the MFI. I’ve moved a protective stop closer to the Alligator’s teeth and placed Take Profit.
At the H1 chart of the NZD/USD currency pair, the Alligator is waking up downwards. AO and AC indicators are in the grey zone (directed in different directions); there is a Squat bar on the MFI. I’m keeping my order with the target below a bearish fractal opened.
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