AUGUST SPECIAL: 50% Off Nial Fuller's Pro Trading Course & Trade Ideas Newsletter (Ends Aug 31st) -
Nial Fuller

NIAL FULLER Nial Fuller
Professional Trader, Author & Coach

Trade Ideas: GOLD, CRUDE OIL & BITCOIN – July 26th, 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.

GOLD – SPOT: Selling On Breakdown Of Bearish Inside Bar + Small Pin Bar (Combo Setup)

Price Action: Price formed a Bearish Inside Bar + Small Pin Bar (Combo Setup) overnight.

Price moved lower from within the range of the prior Multiple Inside Bar Breakout that had triggered on Tuesday July 12th (We suggested selling on a retracement higher into the range of this Breakout Pattern in the July 13 members’ daily newsletter).

Potential Trade Idea 1: We are considering selling on a breakdown of the current Bearish Inside Bar + Small Pin Bar (Combo Setup)

Potential Trade Idea 2: We are considering waiting to see if the current Bearish Inside Bar + Small Pin Bar (Combo Setup) turns into a Potential Bearish Fakey Setup.

Potential Trade Idea 3: We are considering selling on a retracement higher to within the range of the prior Multiple Inside Bar Breakout that had triggered on Tuesday July 12th.

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

CRUDE OIL – Futures: Buying From Bullish Pin Bar Signal

Price Action: Price formed a Bullish Pin Bar Signal overnight.

The Bearish Tailed Bar Signal that had formed mid-last week failed (We did not consider trading this signal and hopefully saved some traders on this market).

Price moved slightly higher from within the range of the prior Long-Tailed Bullish Pin Bar Signal that had formed on Thursday July 14th (We had been suggesting buying on a retracement lower into the range of this signal since July 15th daily newsletter and hopefully some traders got on board).

Potential Trade Idea 1: We are considering trading from the current Bullish Pin Bar Signal.

Potential Trade Idea 2: We are considering buying on a retracement lower to within the range of the prior Long-Tailed Bullish Pin Bar Signal that had formed on Thursday July 14th.

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

BITCOIN (BTCUSD) – Cash: Selling On Retracement Higher To Within The Range Of Bearish Pin Bar Signal

(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 moved lower from the Bearish Pin Bar Signal that had formed on Sunday July 24th (We did not consider trading this signal, nor did we mention it).

Price moved lower from the recent Bearish Pin Bar Signal that had formed on Friday July 22nd (We did not consider trading this signal).

Price moved lower from the recent Bearish Pin Bar Signal that had formed on Wednesday July 20th (We suggested trading this signal in the July 21st daily newsletter and hopefully some traders got on board).

Price broke below the $25339 old key support level over five weeks ago, which is a now key resistance level and an event area.

Potential Trade Idea 1: We are considering selling on a retracement higher to within the range of the recent Bearish Pin Bar Signal that had formed on Wednesday July 20th (Currently Active).

Potential Trade Idea 2: We are considering selling on a retracement higher and after a price action sell signal, whilst price remains under the $25339 key resistance level (Event Area).

NOTE – You can trade BITCOIN & CRYPTO CURRENCY 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

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

Leave a Comment

Your email address will not be published.

[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]