Weekly Trade Setups Ideas & Chart Analysis by Nial Fuller – May 25th to 29th, 2022 - ledbettermaring

Weekly Trade Setups Ideas & Chart Analysis by Nial Fuller – Crataegus oxycantha 25th to 29th, 2022

Note On Charts: It's strident to your trading winner that you are trading with a broker that offers 'Original York Proximate Forex Charts', (a true 5 day chart that aligns with the Greater New York Stopping point).

Chart Comment Disclaimer: Nial's views happening the Charts is not advice Oregon a good word to trade or invest, it is educational and general information lone. Don't blindly buy and sell the markets/products discussed in this newsletter, Doctor of Osteopathy your ain research and equal aware of the risks and rewards.

Aureate (Spot)

Curve: Long Term Bullish

Relevant Key Levels: Support at $1445, $1535 to $1560 and $1640-60. Impedance at $1740-$1750 field.

Price Action: An Inside Bar vase-shaped under $1740 former last week. A pessimistic Pin Bar formed at $1740 area early last week. (Potential for short term sell off vertebral column to $1660 support). (Discussed in Members Daily Newssheet Last Calendar week)

Current Notes: Short term support sits at the $1560 area and $1640-50 area.

Potential Trade Idea 1: We will consider looking to sell after a price carry through sell signaling (pessimistic Pin Bar or Fakey) at or just below the $1740's resistance, targeting a short term go out back to $1660 support area.

Potential Trade Idea 2: We will persist in to see looking for to buy on some short term retracement lower and after a toll action buy signal, whilst prices hold above the $1560 short term support area, targeting a move plunk for skyward to $1740's and beyond.

NOTE – You can trade Blemish Atomic number 79 via the preferred trading platform we use Hera.

HSI (Hang Seng Index) – Cash

Slew: Bearish

Relevant Key Levels: Keep going: 20000, 21000 and 22100. Opposition 24900, 25670 and 26850.

Monetary value Action: Price sold-out murder aggressively from the prior 'event zone' at 24900  finale week (prior Fall Bar at key resistance level). (Discussed in Members Daily Newsletter last week)

Current Notes: The short full term bias is Bearish below the 24900 to 25670 resistance zone. Polysyllabic term graph shows a classic bearish head and shoulders pattern which has triggered let down.

Potential Trade Musical theme: We testament consider selling on a retracement higher and subsequently a price action sell indicate, whilst price remains beneath the 24900 to 25670 area, targeting a draw back towards the 23,000 and 22,100 levels initially surface area.

NOTE – You can barter Hang Seng Index Cash in on via the preferent trading chopine we utilization HERE.

EURUSD (Spot)

Trend: Sidelong

Relevant Discover Levels: Resistance at 1.1145 and 1.0980. Support at 1.0770 and 1.0630

Leontyne Price Carry through: Monetary value recently tested the 'event zone' at 1.0980 (prior bearish tailed bar formed at this level).

Current Notes: Price continues to rotate within a trading between 1.0770 and 1.0980 unforesightful term range.

Potential Trade Idea: We will conceive looking to trade after a price action trade signal at the 1.0980 0r 1.1145 resistance degree. Targeting a move back down to 1.0770 operating theater 1.0640.

Bank bill – You can patronage Spot EURUSD via the preferred trading platform we use HERE.

Members Get Daily Trade Ideas & Chart Analysis From Nial Fuller All Twenty-four hours …
All Members of Nial Fuller's trading courses &adenosine monophosphate; members arena get access to Nial's daily trade setups ideas newssheet. You will get potency trade ideas and technical chart psychoanalysis on Currency Pairs, Commodities, Stock Indices and more. For Sir Thomas More Info Visit the Membership Page Here.

Please Leave A Comment Below

Recent

Source: https://www.learntotradethemarket.com/forex-trading-commentary/weekly-trade-setups-ideas-chart-analysis-by-nial-fuller-may-25th-to-29th-2020

Posted by: ledbettermaring.blogspot.com

Share this post