Bill Williams’ Indicators Analysis 21.08.2013 (USD/CAD, NZD/USD)

21.08.2013

Analysis for August 21st, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is moving upwards. The price is finishing a bullish fractal; the angle of angulation is open; AO and AC are in the green zone; there is a Fade bar on the MFI. I opened a buy order; a protective stop is below the teeth (red line).



At the H1 chart of the USD/CAD currency pair, the Alligator is moving upwards. The price is forming a bullish fractal; AO and AC are in the grey zone; there is a Green bar on the MFI. After completing a bearish fractal, the price is expected to move upwards.



NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator made a reverse downwards. The indicators are in the grey zone, the price is finishing a bearish fractal; there is a Fade bar on the MFI. I opened a sell order; a protective stop is above the teeth.



At the H1 chart of the NZD/USD currency pair, the Alligator is moving downwards. The indicators are in the green zone; there is a divergence with AO; there is a Green bar on the MFI. A bullish fractal may reach the Alligator’s teeth (red line).



 
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