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NIAL FULLER
Professional Trader, Author & Trading Coach

Weekly Trade Setups Ideas & Chart Analysis – Feb 25th to March 1st, 2019

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By in Forex Trading Commentary & Trade Signals by Nial Fuller Last updated on | 6 Comments

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).
You Can Download a Free Trial of the Broker & Charting Platform we use HERE.

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 – Feb 25th to March 1st, 2019

TECHNICAL PRICE ACTION ANALYSIS:

All charts illustrated are daily time-frame charts unless marked otherwise.

GBPUSD – Bullish pin bar signal suggests potential rally this week.

Trend: Slightly bullish

Relevant Key Levels: Resistance 1.3290. Support 1.2660, 1.2800 and 1.2920

Price Action: Bullish pin bar forms just above 1.2920

Current Notes: If the bullish pin bar signal activates higher, prices could drift higher into 1.3290 overhead resistance.

Trade Idea: We may consider buying from the bullish pin bar signal, targetting the 1.3290 area.

NOTE – Due to the ongoing BREXIT situation in UK, we are not personally holding GBP related trades over the weekend presently.

NZDUSD – Bullish pin bar signal suggests potential rally this week.

Trend: Slightly Bullish

Relevant Key Levels: Resistance 0.6850 and 0.6970. Support 0.6700 and 0.6550

Price Action: Bullish tailed bar forms late last week right above 0.6700 support. Trading range remains between 0.6970 and 0.6700.

Current Notes: Bullish tailed bar signal could easily send prices higher to test 0.6970 or even higher if we break out higher this week.

Trade Idea: We will consider buying whilst above 0.6700 support, targeting 0.6970

GOLD – Inside bar signal suggest short term pullback to support, before a new swing higher commences.

Trend: Bullish

Relevant Key Levels: Support at $1237, $1266, $1280 and $1305. Resistance at $1355.

Price Action: Inside bar forms late last week. Pin bar formed at the recent high.

Current Notes: The inside bar signal may trigger a move back into support at which point we may consider buying from support between $1280 to $1305. The current upward swing targets a move higher into $1355.

Trade Idea: Whilst $1305 short term support holds firmly, we will consider buying on any weakness, targetting a move to at least $1355.

CRUDE OIL – Minor bearish Fakey signal suggests short term pull back into support, before new swing higher commences.

Trend: Slightly Bullish

Relevant Key Levels: Resistance: $58.20.  Support: $54.50, $51.20 and $42.30

Price Action: Small bearish fakey signal forms right under $58.20 resistance. The prior bullish pin bar remains intact at $51.20

Current Notes: Bearish fakey signal may send prices back down into $54.40 to $51.20 support area levels during this weeks session. We would consider using the price pullback as a buying opportunity from key support levels.

Trade Idea: We will consider buying on any weakness whilst the low of the bullish pin bar holds at $51.20, targetting $54.50 and then $58.20.

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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.
  1. aulia syafurudin March 1, 2019 at 5:31 pm

    really good mentor and so kind to share with us, thanks for u kind and help mentor

    Reply
  2. AboAnas February 28, 2019 at 9:05 pm

    You are awesome ❣️

    GBP/USD was a good one

    Thanks 😘

    Reply
  3. Justina February 27, 2019 at 7:43 pm

    Wow!!! I like how you explain the trade signals. Thanks really appreciate this. 😄

    Reply
  4. marco February 26, 2019 at 6:02 pm

    Grazie!

    Reply
  5. Smiso Fierce February 26, 2019 at 4:26 pm

    Thank you very much Sir.

    Reply
  6. Peter February 25, 2019 at 9:30 pm

    I have been waiting for this, thanks Mr. Nial

    Reply

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