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Nial Fuller

Professional Trader, Author & Trading Coach

Trade Idea: EURUSD Giant Bearish Pin Bar Sell Signal – May 2nd, 2019

Note On Charts: It’s imperative to your trading success that you are trading with a broker that offers ‘New York Close Forex Charts‘, (a true 5 day chart that aligns with the New York Close).

Chart Commentary Disclaimer: Nial’s views on the Charts is not advice or a recommendation to trade or invest, it is educational and general information only. Don’t blindly buy and sell the markets/products discussed in this newsletter, do your own research and be aware of the risks and rewards.

Potential Trade Idea: EURUSD Giant Bearish Pin Bar Sell Signal – May 2nd, 2019

All charts illustrated are daily charts unless marked otherwise.


Trend: Very Bearish

Key Levels: Resistance 1.1490 and 1.1265. Support 1.1110

Price Action Signals: Massive bearish Pin Bar reversal setup forms overnight.

Chart Notes: A strong bearish bias remains intact and we continue to prefer selling into any strength whilst prices are contained below 1.1490 resistance. The downside move targets the 1.1110 area and potentially lower.

Potential Trade Idea: We will consider selling short from the most recent bearish Pin Bar reversal setup, targeting a move back to the recent low at 1.1110 and then potentially much lower.

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

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About Nial Fuller

is a Professional Trader & Author who is considered ‘The Authority’ on Price Action Trading. He has a monthly readership of 250,000+ traders and has taught 20,000+ students since 2008. In 2016, Nial won the Million Dollar Trader Competition. Checkout Nial's Professional Trading Course here.
  1. Chien May 24, 2019 at 12:52 pm

    Take profit 1.1115 23/5/2019
    R:R = 2,83

  2. Ahmad Gharib May 5, 2019 at 7:33 am

    Hello Dear Nial, do you think that EUR/USD is temporary rising up and this is just a minor retracement and we can still keep the short position or it’s better to close the order and stay away to see what will happen next? The closed daily candle seems to be a little strong

  3. Briceton May 3, 2019 at 7:03 am

    I am ready to learn

  4. Mr Ali. May 3, 2019 at 2:33 am

    Thanks alot for the heads up sir, may God continue to bless you and your entire family


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