EURUSD, AUDUSD & BTCUSD – April 25th to 29th, 2022 » Learn To Trade The Market

Note on Charts: It’s important you are trading with a broker that offers True 5 Day New York Close Charts.

Note On Brokers: Download our Preferred Broker Platform with New York Close Charts Here.

EURUSD – SPOT: Bearish Fakey Setup

Price Action: Price formed a Bearish Multi-Bar Fakey + Pin Bar Signal, late last week.

Potential Trade Idea: We are considering selling from the current Bearish Multi-Bar Fakey + Pin Bar Signal.

NOTE – You can trade Spot EURUSD via the trading platform we use HERE.

AUDUSD – SPOT: Bearish Fakey Setup Triggered

Price Action: Price exploded lower from the recent Bearish Multi-Bar Fakey Setup that had formed late last week (We suggested trading this signal in the April 22nd, members’ daily newsletter).

Potential Trade Idea: We are considering recent selling on a retracement higher to within the range of the Bearish Multi-Bar Fakey Setup.

NOTE – You can trade Spot AUDUSD via the trading platform we use HERE.

BITCOIN (BTCUSD) – CASH: Potential Breakdown From The Inside Bar Pattern

(WARNING ON CRYPTO: TRADING BITCOIN AND CRYPTO IS HIGH RISK, CONSIDER A REDUCED POSITION SIZE AND LOWER LEVERAGE UNTIL YOU ARE FAMILIAR WITH THESE MARKETS).

Price Action: Price formed an Inside Bar Pattern, overnight.

Price briefly moved lower from the recent Bearish Pin Bar Signal that had formed just under the 42608 short-term resistance level late last week (We suggested trading this signal in the April 22nd, members’ daily newsletter).

Price briefly moved higher before reversing from the recent Bullish Multi-Bar Fakey + Tailed Bar Setup that had formed early last week (We did not consider trading this setup).

Potential Trade Idea 1: For more aggressive traders, we are considering selling on a breakdown below the current Inside Bar Pattern.

Potential Trade Idea 2: We are considering recent selling on a higher retracement to within the range of the Bearish Pin Bar Signal.

NOTE – You can trade BITCOIN & CRYPTOCURRENCY via the trading platform we use HERE.

Join My Pro Trading Course & Trade Ideas Newsletter: visit the Membership Page Here.

Get The Correct Charts We Use: Download our Preferred Charting & Broker Platform Here.

Already A Member? Log In To Members Area
Here.

Please Leave A Comment Below With Your Questions or Feedback.

Chart Commentary Disclaimer: Nial Fuller’s and Learn To Trade The Market’s analysis and comments below should not be considered financial advice or a recommendation to trade or invest in any financial product. Your personal financial circumstances and risk limits have not been taken into consideration in the below analysis and comments. This newsletter is for general educational purposes only. Do not blindly buy and sell the financial products discussed in this newsletter. Always do your own analysis and research and be expressly aware of the risks and rewards in trading or investing in any financial product.

Print Friendly, PDF & Email

Nial Fuller Professional Trading Course
Preferred broker 2020 v1

Leave a Comment