HomeForexGOLD, SPI 200 & DAX 40 – February twenty first to twenty...

GOLD, SPI 200 & DAX 40 – February twenty first to twenty fifth, 2022 » Be taught To Commerce The Market


Observe On Charts: It’s essential you might be buying and selling with a dealer that gives True 5 Day New York Shut Charts.

Observe On Brokers: Obtain our Most well-liked Dealer Platform with New York Shut Charts Right here.

GOLD – SPOT

Value Motion: Value shaped a Bullish Pin Bar Sign, late final week (We aren’t contemplating buying and selling this sign as this sign didn’t kind at any key degree and we favor to purchase on a deeper pullback to assist areas).

Value exploded larger from the latest Inside Bar Sample that had shaped, early final week (We didn’t contemplate buying and selling this sample because it had shaped just below the $1877 prior key resistance degree. Additionally, given the massive vary of bars on this sample, it will have been arduous to handle risk-reward).

Value broke and closed above the $1877 prior key resistance space, late final week.

Potential Commerce Concept 1: For extra aggressive merchants, we’re nonetheless contemplating shopping for on a retracement decrease and after a transparent worth motion sign, inside the $1853 – $1877 short-term assist space.

Potential Commerce Concept 2: We’re nonetheless contemplating shopping for on a retracement decrease and after a transparent worth motion purchase sign, at or simply above the $1805 – $1831 short-term assist space.

NOTE – You may commerce Spot GOLD through the buying and selling platform we use HERE.

SPI 200 – Money

Value Motion: Value shaped a Bearish Tailed Bar Sign just below the 7245 – 7325 short-term resistance, late final week. (We prompt promoting from the latest Bearish Tailed Bar Bar Sign within the February 18th member’s E-newsletter, and worth bought off from that sign).

Value moved decrease from the latest Bearish Tailed Bar Bar Sign that had shaped just below the 7245 – 7325 short-term resistance, late final week.

Value broke out from the latest Bullish Pin Bar Sign however didn’t comply with by way of and collapsed decrease (We didn’t contemplate buying and selling this sign and hopefully saved some members on this market).

Potential Commerce Concept 1: We’re contemplating promoting if worth pulls again to inside the vary of the latest Bearish Tailed Bar Sign, with danger administration properly above the excessive of the sign bar.

Potential Commerce Concept 2: For extra superior merchants there may very well be a shopping for alternative at or simply above the 6833 – 6890 key assist space (Prior Occasion Space).

NOTE – You may commerce SPI 200 Money through the buying and selling platform we use HERE.

DAX 40 – Money

Value Motion: Value shaped a Large Bearish Pin Bar Sign just below the 15355 – 15486 short-term resistance space, late final week.

Value briefly moved larger from the latest Bullish Pin Bar Sign that had shaped, early final week, however didn’t comply with by way of (We didn’t contemplate buying and selling this sign as this market is forming decrease lows inside the short-term Bearish pattern and the market is vulnerable to breaking under the 14830 – 14913 key assist space).

Potential Commerce Concept: We’re contemplating promoting on a retracement larger to inside the vary of the present Bearish Pin Bar Sign, with vast danger administration properly above the excessive of Tailed Bar Sign.

NOTE – You may commerce DAX 40 Money through the buying and selling platform we use HERE.

Be a part of My Professional Buying and selling Course & Commerce Concepts E-newsletter: go to the Membership Web page Right here.

Get The Appropriate Charts We Use: Obtain our Most well-liked Charting & Dealer Platform Right here.

Already A Member? Log In To Members Space
Right here.

Please Go away A Remark Beneath With Your Questions or Suggestions.

Chart Commentary Disclaimer: Nial Fuller’s and Be taught To Commerce The Market’s evaluation and feedback under shouldn’t be thought-about monetary recommendation or a advice to commerce or spend money on any monetary product. Your private monetary circumstances and danger limits haven’t been considered within the under evaluation and feedback. This article is for common academic functions solely. Don’t blindly purchase and promote the monetary merchandise mentioned on this publication. All the time do your personal evaluation and analysis and be expressly conscious of the dangers and rewards in buying and selling or investing in any monetary product.

Print Friendly, PDF & Email

Nial Fuller Professional Trading Course
Preferred broker 2020 v1
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments