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Nial Fuller

Professional Trader, Author & Coach

Trade Ideas – BITCOIN: Inside Bar Breakout & CRUDE OIL: Bullish Fakey Setup – April 13th, 2022

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.

BITCOIN (BTCUSD) – CASH: Inside Bar Breakout Triggers Huge Move Lower

As Bitcoin and crypto currency doesn’t form perfectly clean signals most of the time, we will only annotate the clearest and well-pronounced signals that form at confluent areas on the charts. Therefore not all price action signals/patterns will be annotated or discussed. TRADING BITCOIN AND CRYPTO IS HIGH RISK, CONSIDER A REDUCED POSITION SIZE UNTIL YOU ARE FAMILIAR WITH THESE MARKETS).

Price Action: Price formed an Inside Bar Pattern, overnight (We are not considering trading this pattern).

Price moved significantly lower from the recent Inside Bar Pattern that had formed, late last week (We suggested trading this pattern in the April 10th, weekly newsletter and hopefully some traders got on board).

Potential Trade Idea We are still considering selling if price pulls back to the recent Inside Bar breakdown area.

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

CRUDE OIL – Futures: Bullish Fakey Setup Triggered 

Price Action: Price moved higher from the recent Bullish Multi-Bar Fakey Setup that had formed just above the $88.81 – $95.43 short-term support area, earlier this week (We suggested trading this setup in the April 12th, members’ daily newsletter).

Potential Trade Idea: We are now considering buying on a retracement lower to within the range of the recent Bullish Multi-Bar Fakey Setup area.

NOTE – You can trade CRUDE OIL – Futures via the trading platform we use HERE.

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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.

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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.
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  1. Mr Ali

    Glad to see you giving bitcoin analysis Nial.


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