Weekly Trade Ideas & Price Action Analysis by Nial Fuller – March 1st to 5th, 2022 - saunderspleataring52

Weekly Trade Ideas & Price Natural action Analysis away Nial Fuller – Butt against 1st to 5th, 2022

Note On Charts: It's important you are trading with a broker that offers New York Close Charts, (a straight 5 day graph that aligns with the true New York Close).
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Comment Disavowal: This should not be considered fiscal advice or a recommendation to trade or clothe in any commercial enterprise product. Your personal financial circumstances and risk limits have not been taken into consideration in the below analysis and comments.

GBPUSD (Office)

Short Term Trend: Optimistic.

Price Action Signals: Price is approaching a anterior price action event area around 1.3620 support. Price broke down from a Bearish Pin Bar under 1.4236 late last week. (counter tendency signal).

Potential Deal Idea: We are considering trading longs from a optimistic price action signal aft a retracement lower in prices, whilst monetary value remains in a higher place the 1.3620 to 1.3755 key support area.

NOTE – You can trade Spot GBPUSD via the trading platform we use Present.

GOLD (Spot)

Dead Term Trend: Bearish.

Price Action at law Signals: Price moved down strongly from several Pessimistic Immobilize Bar signals that nutmeg-shaped around the $1850 to $1875 electric resistance zone several week agone. (now an event area).

Electric potential Trade Ideas: We are considering trading shorts from a bearish terms action Signal connected the 1 time of day, 4 hour or daily chart, whilst Leontyne Price remains under the $1850 to $1875 resistance geographical zone.

Take note – You can swop Spot GOLD via the trading political platform we use Hither.

S&P 500 (Cash)

Inadequate Term Trend: Bullish.

Price Action Signals: A massive Bullish Pin Bar signal failed at 3866 short term support last week.

Prospective Trade Idea: We are considering trading longs after a retracement lower in prices and after a Bullish Price Action signal forms on the 4 hour or daily chart time-material body at either the 3755, 3670 or 3603 support level.

NOTE – You can trade S&P 500 Cash via the trading platform we use HERE.

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Chart Commentary Disclaimer: Nial Fuller's and Learn To Trade The Market's psychoanalysis and comments below should not be considered financial advice or a good word to trade or invest in any financial product. Your individual fiscal circumstances and lay on the line limits have non been taken into consideration in the below analysis and comments. This newssheet is for general educational purposes only. Do not blindly buy and sell the financial products discussed in this newsletter. Always do your own psychoanalysis and research and live expressly aware of the risks and rewards in trading or investing in any commercial enterprise product.

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