• Nial Fuller

    NIAL FULLER Nial Fuller
    Professional Trader, Author & Coach

    Weekly Trade Setups Ideas & Chart Analysis By Nial Fuller – December 23rd to 27th 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.

    Weekly Trade Setups Ideas & Chart Analysis By Nial Fuller – December 23rd to 27th 2019

    EURUSD – Sells Off After Pin Bar + Inside Bar Combo Pattern Breaks Down From The 1.1180 Resistance

    Trend: Bearish

    Relevant Key Levels: Resistance at 1.1180 and 1.1280. Support at 1.0805, 1.0925

    Price Action: Price sells off aggressively after a Bearish Pin Bar + Inside Bar combo pattern that formed over a week ago.

    Current Notes: The long term bias remains bearish as prices remain contained below the 1.1180 to 1.1280 long term resistance range.

    Potential Trade Idea: We will consider selling short on any short term bounce in prices and/or after a bearish price action sell signal, whilst prices remain below the 1.1180 and 1.1280 resistance areas. Initial downside targets to 1.0925.

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

    CRUDE OIL – Waiting For A Pull Back To Around The $54.90 to $57.20 Support Area.

    Trend: Bullish

    Relevant Key Levels: Support at $50.00 to $50.80, $54.90 and $57.20 to $58.65. Resistance at $60.50, $63.50 and $66.50 area.

    Price Action: 2 weeks ago, price broke up from a Multiple Inside Bars pattern that formed right around the $58.65 level. A giant weekly Pin Bar formed several weeks ago and triggered a substantial move higher.

    Current Notes: Price is still holding above the $54.90 to $57.20 support area and could move back up towards $60.50 and $63.00.

    Potential Trade Idea: We will consider looking to buy around the $54.90 to $57.20 short term support area and/or after a price action buy signal, targeting a move back up to $60.50 and $63.00 levels initially.

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

    S & P 500 – Looking To Buy On Any Weakness Whilst Price Holds Atop The 3075 to 3130 Support Area

    Trend: Bullish

    Relevant Key Levels: Support at 3075, 3030, 2960, 2860-80. Resistance – none

    Price Action: Price recently broke up strongly after a bullish Fakey Pattern signal that activated 2 weeks ago (now an event area).

    Current Notes: The bias is still very bullish whilst prices hold above 3030 to 3075 support area.

    Potential Trade Idea: We will only consider buying on a retracement lower in prices and/or after a clear price action buy signal, whilst prices remain above the 3030 to 3075 support area.

    NOTE – You can trade S & P 500 via the preferred trading platform we use HERE.

    Members Get Daily Trade Ideas & Chart Analysis From Nial Fuller Every Day …
    All Members of Nial Fuller’s trading courses & members area get access to Nial’s daily trade setups ideas newsletter. You will get potential trade ideas and technical chart analysis on Currency Pairs, Commodities, Stock Indices and more. For More Info Visit the Course Membership Page Here.

    Note: –  Download a Free Trial of the Broker & Charting Platform We Use HERE.

    Please Leave A Comment Below 

    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.

    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
    1. Nelson Ntharametse

      Hi Nial

      Thank you very much for this information. My question is, where should I properly put my stop loss?

      Reply
    2. Danny

      Hi Nial! Merry Christmas and happy new year to you and your family. I have a question: somebody said that people should not trade about 2 weeks during holidays, what is your opinions about this? Or this advice is not applicable for people who trade daily candles? Thanks so much !

      Reply
    3. JIA J

      ANY ADVICE ON GBPUSD?

      Reply
      • Nial Fuller

        See members newsletter.

        Reply
    4. Mr. Ali

      I thought Nial was on break when I didn’t see the weekly trade ideas last week. Nice setups by the way sir

      Reply

    Leave a Comment

    Your email address will not be published. Required fields are marked *