• Nial Fuller

    NIAL FULLER Nial Fuller
    Professional Trader, Author & Coach

    Trade Idea: GBPUSD Inside Bar Break Down Potential – April 23rd, 2020

    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.

    Trade Idea: GBPUSD Inside Bar Break Down Potential – April 23rd, 2020

    GBPUSD – Inside Bar + Small Bearish Tailed Bar (Combo) Has Potential To Break Down.

    Trend: Bearish

    Relevant Key Levels: Resistance: 1.3190, 1.2770 and 1.2580. Support: 1.2020 and 1.1400.

    Price Action: An Inside Bar + Small Bearish Tailed Bar (combo) forms mid this week.

    Current Notes: Price collapsed below 1.2770 and 1.2580 resistance activating a short term bear market recently.

    Potential Trade Idea: We will consider looking to sell after a price action sell signal (Inside bar break or Bearish Fakey Signal), at or just below either the 1.2580 or 1.2770 resistance level. Targeting a move back down to 1.2020 and then possibly 1.1400.

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

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    Nial Fuller

    About Nial Fuller

    is a Professional Trader, Investor & Author who is considered ‘The Authority’ on Price Action Trading. His blog is read by over 200,000+ followers and he has taught 25,000+ students since 2008. In 2016, Nial won the Million Dollar Trader Competition. Checkout Nial's Professional Trading Course here.
    Nial Fuller Professional Trading Course Preferred broker 2020 v1

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    2. Angello

      On point

    3. Muhammad Abu Bakar

      Really very helpful… You are my ideal in Price Action…

    4. Mr Ali

      We really appreciate all your kindness sir,words cannot express my love for you and your site Nial…keep soaring higher mentor


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