Weekly Trade Ideas Newsletter: GBPUSD, AUDUSD & CRUDE OIL – May 10th to 14th, 2022 - petersonwhation

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Comment Disclaimer: This should not be considered financial advice operating room a testimonial to switch or invest in any financial product. Your personal financial circumstances and risk limits ingest not been taken into consideration in the below analysis and comments.

GBPUSD – SPOT

Price Fulfi: Price broke up from a multiple At bottom Bar pattern dead last week.

Theme: We are considering trading longs on a retracement depress and after a terms action signalise, whilst price holds above the 1.3830 support level.

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AUDUSD – SPOT

Price Action: Price surged from the optimistic Fakey setup + Pin Bar impressive has formed lowest week (discussed in recent newsletters)

Idea: We are considering trading longs on a retracement lower into the cast of the bullish Fakey Setup + Pin Bar signal order (second chance entry), whilst prices holds higher up the 0.7660 support pull dow.

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

CRUDE OIL – FUTURES

Price Action: A optimistic Pin Prevention formed late last week right at the $63.85 short term support level.

Idea: We are considering trading longs on a retracement get down, and later on a price action buy signal, whilst prices holds above the $60.69 to $62.21 support range.

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Chart Commentary Disavowal: Nial Melville Weston Fuller's and Learn To Trade The Market's depth psychology and comments below should not be considered financial advice OR a recommendation to craft or invest in any financial product. Your personal financial circumstances and risk limits ingest not been taken into consideration in the below analytic thinking and comments. This newssheet is for broad educational purposes only. Do not blindly buy and sell the business enterprise products discussed in that newsletter. Always do your own analysis and research and represent explicitly witting of the risks and rewards in trading operating room investing in any financial product.