GBPJPY, AUDUSD & S&P 500 – February 14th to 18th, 2022 » Study To Commerce The Market

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GBPJPY – SPOT

Worth Motion: There isn’t a worth motion sign to notice at the moment.

The latest Extremely-small Bearish Pin Bar that had fashioned, final week, failed (We didn’t take into account buying and selling this sign because it was towards the short-term pattern).

Worth moved increased from the latest Bullish Pin Bar Sign that had fashioned, earlier this week (We urged shopping for from this sign within the February eighth Members E-newsletter).

Worth exploded increased from the latest Inside Bar Breakout Sample that had fashioned, early final week (We urged shopping for the breakout above that sample within the February 2nd E-newsletter).

Potential Commerce Thought: We’re nonetheless contemplating shopping for on a retracement decrease to inside the vary of the prior Bullish Pin Bar which additionally aligns with the prior Inside Bar Breakout space.

NOTE – You possibly can commerce Spot GBPJPY by way of the buying and selling platform we use HERE.
AUDUSD – SPOT

Worth Motion: There isn’t a worth motion sign to notice at the moment.

Worth bought off from the Large Bearish Pin Bar Sign that had fashioned just below the 0.7171 short-term resistance degree, late final week (We urged promoting from this sign within the February eleventh E-newsletter).

Potential Commerce Thought 1: We’re nonetheless contemplating promoting on a retracement increased to inside the 50% vary of the latest Large Bearish Pin Bar Sign, with stops above the Pin Bar’s excessive.

Potential Commerce Thought 2: For extra aggressive merchants, we’re nonetheless contemplating promoting from the Large Bearish Pin Bar Sign, with stops above the Pin Bar’s excessive.

NOTE – You possibly can commerce Spot AUDUSD by way of the buying and selling platform we use HERE.
S & P 500 – Money

Worth Motion: There isn’t a worth motion sign to notice at the moment.

Worth lastly bought off from the prior Bearish Pin Bar Sign that had fashioned just below the 4581 – 4600 key resistance space, over every week in the past.

The latest Bullish Tailed Bar + A number of Inside Bar Sample (Combo Setup), failed (We didn’t take into account buying and selling this sign and hopefully saved some members on this market).

Potential Commerce Thought 1: We at the moment are staying on the sidelines till additional worth motion develops.

Potential Commerce Thought 2: For extra superior merchants there might be a shopping for alternative at or simply above the 4245 – 4270 key help space (Prior Occasion Space).

NOTE – You possibly can commerce S&p 500 Money by way of the buying and selling platform we use HERE.

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Chart Commentary Disclaimer: Nial Fuller’s and Study To Commerce The Market’s evaluation and feedback under shouldn’t be thought-about monetary recommendation or a advice to commerce or spend money on any monetary product. Your private monetary circumstances and threat limits haven’t been considered within the under evaluation and feedback. This text is for common instructional functions solely. Don’t blindly purchase and promote the monetary merchandise mentioned on this publication. All the time do your personal evaluation and analysis and be expressly conscious of the dangers and rewards in buying and selling or investing in any monetary product.

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