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NIAL FULLER
Professional Trader, Author & Trading Coach

Weekly Trade Setups Ideas & Chart Analysis by Nial Fuller – Nov 16th to 20th, 2020

Note On Charts: It’s imperative you are trading with a broker that offers ‘New York Close Charts‘, (a true 5 day chart that aligns with the true New York Close). Download a demo of our Preferred Broker & Charting Platform HERE.

Chart 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.

Weekly Trade Setups Ideas & Chart Analysis by Nial Fuller – Nov 16th to 20th, 2020

EURUSD – Watching For Longs Around The 1.1700-50 Support Zone.

Short Term Trend: Bullish

Short Term Key Levels: 1.0990, 1.1140, 1.1180, 1.1415, 1.1500’s, 1.1610, 1.1700-50, 1.1830, 1.1910, 1.1960, 1.2080.

Price Action Signals: An Inside Bar Pattern broke up last week from the 1.1700-50 support zone. Price broke up from a giant Bullish Long Tailed Pin Bar just above the 1.1610 level, 3 weeks ago.

Potential Trade Idea: We are considering trading long on price weakness and after a price action buy signal, whilst price holds above the 1.1700-50 short term support zone.

NZDUSD – Watching For Longs Around The 0.6700-80 Support Zone.

Short Term Trend: Bullish

Short Term Key Levels: 0.6160, 0.6215, 0.6390, 0.6520, 0.6580, 0.6680, 0.6700, 0.6790.

Price Action Signals: Price broke up from an Inside Bar Pattern just above the 0.6790 key level, early last week.

Potential Trade Idea: We are considering trading long on price weakness, and after a price action buy signals, whilst price holds above the 0.6520 to 0.6580 key support zone.

USDJPY – Watching For Shorts Whilst The 106.00-90 Resistance Zone Holds.

Short Term Trend: Bearish

Short Term Key Levels: 101.00, 104.20 to 105.00, 106.10, 106.60 to 106.90 area, 109.35.

Price Action Signals: A bearish Pin Bar formed right under the 105.10 key level last week.

Potential Trade Idea: We are considering trading short on price strength and after a price action sell signal, whilst price holds below the 106.10 to 106.90 resistance zone.

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Please Leave A Comment Below 

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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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 November 18, 2020 at 10:48 pm

    Thanks mentor, will be watching nzdusd at a close range.

    Reply
  2. Moses November 18, 2020 at 4:55 am

    Thanks master

    Reply

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