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Nial Fuller

NIAL FULLER
Professional Trader, Author & Trading Coach

Weekly Trade Setups Ideas & Chart Analysis by Nial Fuller – Sep 28th to Oct 2nd, 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 – Sep 28th to Oct 2nd, 2020

AUDUSD (Spot) – Waiting for buy signal around 0.6940-70 support.

Short Term Trend: Neutral

Short Term Key Levels: 0.6560, 0.6670, 0.6940-70, 0.7050-60 area, 0.7200, 0.7395.

Price Action Signals: None recently. (Read the members daily newsletter this week for updates on any new price action signals)

Potential Trade Idea: Considering longs on price weakness and after a price action buy signal (eg: Pin Bar Signal), around the 0.6940-70 support area, in anticipation of a bounce back towards 0.7200 and then possibly 0.7395.

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

GOLD (Spot) – Waiting for buy signal around $1790 support.

Short Term Trend: Bearish

Short Term Key Levels: $1560, $1640, $1670, $1790, $1816, $1866, $1905 to $1915, $1980, $2000, $2070

Price Action Signals: Price moved lower from an Inside Bar pattern that broke down under the $1905 key level mid last week. Price moved lower from a Bearish Pin Bar that formed 2 weeks ago. (Read the members daily newsletter this week for updates on any new price action signals)

Potential Trade Idea: Considering longs on a price pull back and after a price action buy signal around the key $1790 support level (prior major level), in anticipation of a bounce back to the $1905 and potentially higher to $1975-$2000 area)

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

CRUDE OIL (Futures) – Waiting for a potential bearish false break out under $43.50 resistance.

Short Term Trend: Neutral

Short Term Key Levels: $28.60, $34.50, $38.60, $41.50 to $42.50 area, $43.50, $48.50.

Price Action Signals: Price is currently forming several multiple Inside Bars within a large mother bar and is yet to break out. (Watch for a potential bearish fakey/bearish false break out). (Read the members daily newsletter this week for updates on any new price action signals).

Potential Trade Idea: Considering trading shorts on price strength and after a price action sell signal (eg: bearish Fakey Pattern or Pin Bar), whilst price holds below the $41.60 to $43.50 resistance area, targeting a move back to $38.60 and then $34.50.

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

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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 & Author who is considered ‘The Authority’ on Price Action Trading. He has a monthly readership of 250,000+ traders and has taught 20,000+ students since 2008. In 2016, Nial won the Million Dollar Trader Competition. Checkout Nial's Professional Trading Course here.
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  1. zia September 30, 2020 at 5:12 pm

    thanks sir

    Reply
  2. Mr Ali September 29, 2020 at 9:23 pm

    Gold looking Very tricky. Thanks mentor.

    Reply
  3. Moses September 29, 2020 at 3:40 am

    Thanks Master

    Reply

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