Bill Williams’ Indicators Analysis 13.12.2013 (USD/CAD, NZD/USD)
13.12.2013
Analysis for December 13th, 2013
USD/CAD
At H4 chart of USD/CAD, Alligator went to sleep while reversing downwards. AC is in green zone, AO is near balance line; price formed bullish fractal; there are two Squat bars on the MFI. After bearish fractal, I expect breakout of fractals to the upside.
At H1 chart of USD/CAD, Alligator reversed northwards. AO is in red zone, AC is near balance line; there might be Squat bar on the MFI. I expect slight breakout of fractals to the upside; bearish fractal may be finished below Alligator’s mouth.
NZD/USD
At H4 chart of NZD/USD, Alligator is reversing downwards; Angulation is closed, price is forming bullish fractal; AO and AC are in red zone; there might be Squat bar on the MFI. After bullish fractal, I expect breakout of fractals to the downside.
At H1 chart of NZD/USD, Alligator is moving downwards. Angulation (angle between price and Alligator’s teeth (red line)) is weak; AO is in red zone, AC is near balance line; there are no Squat bars on the MFI. After bearish fractal, I expect breakout of fractals to the upside.
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