First published at 00:28 UTC on February 6th, 2019.
We have some easy clues on the chart tonight, specifically some double-tops and double-bottoms telling us exactly where the best trading opportunities will be for Wednesday’s trading session, so don’t miss tonight’s video…
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Learn t…
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We have some easy clues on the chart tonight, specifically some double-tops and double-bottoms telling us exactly where the best trading opportunities will be for Wednesday’s trading session, so don’t miss tonight’s video…
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Learn the Patterns with My Free Trading Course:
http://www.schooloftrade.com/trial
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Crude Oil is bearish with a double-bottom, which means I'm looking for sell set-ups at a key resistance level up overhead tomorrow morning.
E-Mini S&P is bullish with a double-top at the highs, which tells me where to find the most reliable buying opportunities tomorrow morning.
Nasdaq is bullish, but a recent double-top at the high tells me to wait for a pullback down to a little hidden trend-line for buying opportunities on Wed.
Gold is barely bullish, and the slope of the channel is the big clue telling me what to look for, and more importantly, what to AVOID tomorrow morning.
Euro is bearish with a Spike & Channel, which means I'm looking for selling-opportunities up at the “base” of that channel.
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Economic News:
Please remember that economic news, both scheduled and un-scheduled will increase volatility and decrease liquidity in the market in the short-term, which causes price-action to react inconsistently with the levels of support and resistance mentioned in this video. Trading during economic news reports is dangerous and highly discouraged, no matter what your level of experience.
PLEASE DO NOT TRADE DURING TIME..
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