GBPUSD, AUDUSD & CRUDE OIL – May 10th to 14th, 2021 » Learn To Trade The Market

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Commentary Disclaimer: This shouldn’t be thought of monetary recommendation or a advice to commerce or put money into any monetary product. Your private monetary circumstances and threat limits haven’t been considered within the beneath evaluation and feedback.

GBPUSD – SPOT

Value Motion: Value broke up from a a number of Inside Bar sample late final week.

Concept: We’re contemplating buying and selling longs on a retracement decrease and after a value motion sign, while value holds above the 1.3830 help degree.

NOTE – You may commerce Spot GBPUSD by way of the buying and selling platform we use HERE.

AUDUSD – SPOT

Value Motion: Value surged from the bullish Fakey setup + Pin Bar sign has fashioned final week (mentioned in current newsletters)

Concept: We’re contemplating buying and selling longs on a retracement decrease into the vary of the bullish Fakey Setup + Pin Bar sign vary (second probability entry), while costs holds above the 0.7660 help degree.

NOTE – You may commerce Spot AUDUSD by way of the buying and selling platform we use HERE.

CRUDE OIL – FUTURES

Value Motion: A bullish Pin Bar fashioned late final week proper on the $63.85 brief time period help degree.

Concept: We’re contemplating buying and selling longs on a retracement decrease, and after a value motion purchase sign, while costs holds above the $60.69 to $62.21 help vary.

NOTE – You may commerce Crude Oil futures by way of the buying and selling platform we use HERE.

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Chart Commentary Disclaimer: Nial Fuller’s and Be taught To Commerce The Market’s evaluation and feedback beneath shouldn’t be thought of monetary recommendation or a advice to commerce or put money into any monetary product. Your private monetary circumstances and threat limits haven’t been considered within the beneath evaluation and feedback. This text is for basic instructional functions solely. Don’t blindly purchase and promote the monetary merchandise mentioned on this publication. At all times do your individual evaluation and analysis and be expressly conscious of the dangers and rewards in buying and selling or investing in any monetary product.