April 13 forex trades (USDCAD, AUDUSD, GBPUSD, NZDUSD)

The 1-hour chart on the GBP/USD forex pair was showing a nice Head & Shoulders pattern, and the right shoulder had two bearish engulfing candles. So, I entered a short trade as soon as the that first bar broke to the downside.



It seemed to me this morning that the downtrend on the USD/CAD pair was a bit overextended. The 1-hour chart closed with two very nice Pin candlesticks with very long tails, so I decided to enter a long position. The stop-loss orders on the above two trades have been moved to break-even.



This AUD/USD trade is similar to the GBP/USD one, but the right shoulder has a Pin-bar, instead of the two bearish engulfing candles on the GBP/USD trade.



A simple short trade on this NZD/USD Pin-Bar. Stop-loss has now been moved to break-even as the market has already moved 35 pips in my favor.