Double Bottom NzdCad 4h Chart

The Nzd/Cad broke the four hours Double bottom Pattern SurpriseBox.  On the four hour the box was out of the 800sma with a bullish engulfing patter. Will stop at the 200sma? I believe so as suggested in the 8h chart.

Happy New Year!!

Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only post public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com

Best SurpriseTrades of 2012

The first "Best SurpriseTrade" of the Year trade will be the Nzd/Jpy. This pair had made a brake to the upside of the 200sma SurpriseBox on August 15 when looking at the four hour chart. This brake was out of a "double bottom formation". Target was set near the 800sma (purple line) and was hit with a profit. 

Below will find the chart of again, another "double bottom" on June 5. The Nzd/Usd formed a SurpriseBox out of the 800sma on daily chart. The target was set at the 200sma that was hit 9 trading days thereafter. 

Next among the "Best SurpriseTrade" is a brake of the Chf/Jpy 200sma and 800sma SurpriseBox to the downside. On May 6, this pair broke the Box with a gap on the daily chart. Formed a classic "head and shoulders pattern" that was completed by the end of the month.

Below is depicted the four hour chart of the Eur/Usd. On Feb 29 it formed a "double top" braking the 800sma SurpriseBox. Target was set to be the 200sma, wich was hit on Mar 5.

The last of the "Best SurpriseTrade" of the Year involves the Aud/Jpy. The pair formed a "double bottom" formation out of the 50sma SurpriseBox. The trade was taken due to the perfect formation after the initial run-up from the 800sma that started in January. Brake of the box was in Feb 1 and target was hit on Feb 7.

Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com