EURUSD, GOLD & BITCOIN, Sep 28th, 2022 » Learn To Trade The Market

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EURUSD – SPOT: Selling On Retracement whilst Price Remains Under Recent Bearish Pin Bar Signal

Price Action: Price formed a Bearish Inside Bar + Pin Bar (Combo Setup) overnight (We are not considering trading this setup).

Price exploded lower from the recent Bearish Pin Bar Signal that had formed on Thursday, Sep 22nd (We suggested selling on a retracement higher to within the range of this signal in the Sep 23rd, members daily newsletter).

Potential Trade Idea: We are considering selling on a retracement higher and after a price action sell signal, whilst price remains under the 0.9863 – 0.9950 short-term resistance area, which concedes with the recent Bearish Pin Bar Signal that had formed on Thursday, Sep 22nd.

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

GOLD – SPOT: Selling On Retracement To Within The Range Of Bearish Multi-Bar Fakey Setup

Price Action: Price formed a Bearish Inside Bar + Pin Bar (Combo Setup) overnight (We are not considering trading this setup).

Price moved lower from the Bearish Multi-Bar Fakey Setup that had formed mid-last week (We suggested selling on a breakdown of this setup in the Sep 22nd, members’ daily newsletter).

Potential Trade Idea: We are considering selling on retracement higher to within the range of the most recent Bearish Multi-Bar Fakey Setup that had triggered late last week, which concedes with the $1680 – $1688 short-term resistance area.

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

BITCOIN (BTCUSD) – CASH: Selling On Retracement To Within The Range Of Bearish Long-Tailed Pin Bar Signal

(WARNING ON CRYPTO: TRADING BITCOIN AND CRYPTO IS HIGH RISK, CONSIDER A REDUCED POSITION SIZE AND LOWER LEVERAGE UNTIL YOU ARE FAMILIAR WITH THESE MARKETS).

Price Action: Price formed a Bearish Long-Tailed Pin Bar Signal overnight.

Price just tickled above the recent Bearish Fakey + Pin Bar Setup, before collapsing back down, that had formed on Wednesday, Sep 21st (We suggested selling on a retracement higher to within the range of this setup in the Sep 22nd, daily newsletter).

Potential Trade Idea: We are considering selling on a retracement higher to within the range of the current Bearish Long-Tailed Pin Bar Signal.

NOTE – You can trade BITCOIN & CRYPTO CURRENCY via the trading platform we use HERE.

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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.