First published at 23:03 UTC on May 15th, 2018.
Trading with Symmetry | Crude Oil, Emini, Nasdaq, Gold & Euro
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Trading with Symmetry | Crude Oil, Emini, Nasdaq, Gold & Euro
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Learn the Patterns & Join the Trade Room with our Free Trial:
http://www.schooloftrade.com/trial.php
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Read the FULL Transcript of this Video & Download Charts on our Blog:
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Crude Oil is range-bound with a triangle this evening, telling me to focus on fading the breakouts with failure patterns tomorrow morning…
E-Mini S&P is bearish with a Spike & Channel pattern, but the REAL clue are the shallow lower-lows I’m seeing on the chart, telling me to avoid traps at new lows and focus on selling as HIGH as possible tomorrow morning…
Nasdaq is bearish with a Spike & Channel pattern, telling me to focus on buyer-failures for selling-opportunities up above the channel high tomorrow morning…
Gold is bearish with a Spike & Channel pattern, telling me to sell into buyer-failures on the pullback, but I can’t help but notice the long-term triangle pattern, telling me to keep an eye out of a big reversal tomorrow morning as well…
Euro is bearish with a Spike & Range pattern, telling me to focus on failures for selling-opportunities up above the high of the range tomorrow morning…
We saw some STRONG moves on the chart this morning, which usually results in trading-ranges the following day, so the plan is to stay patient to fade the counter-trend breakouts tomorrow morning…
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