[Week 22 - 2020] Trades Recap and Trade Setups

Updated: Sep 20

Good day Trainee Traders,

Market overall remains optimistic as the AUD rallies while the JPY falls. Good long for AUDJPY last week. USOil continues their recovery while the USDCAD falls in value due to their inverse relationship.

Trade Recap



Double top with neckline retested

Trade Setup



Break of descending triangle Awaiting retest for value position



Price at one of the major resistance level

Will look for a short only when the trendline is broken

That is all for this week post. Trade safe but most importantly stay safe all!


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