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Commentary Disclaimer: This 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.
USDJPY – Spot
Key Levels: 105.77, 106.20, 108.40, 109.29, 109.85, 111.70
Price Action: Price recently broke above the 109.29 level and has formed an Inside Pin bar Combo setup just above the 109.29 Support yesterday.
Potential Trade Idea: We are considering trading longs from the Inside Pin Bar Combo setup, whilst price holds above the 109.29 support level.
CRUDE OIL (Futures)
Key Levels: $53.81, $51.61, $57.36, $59.16, $63.81, $67.94
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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.