Additional Charts Mentioned in the Video:
Emini – https://prnt.sc/K2VoFk1VdXor
Nasdaq – https://prnt.sc/_zgMVxuSfPF4
Crude Oil – https://prnt.sc/Gp5FXpitlKr2
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Wow, these charts look great tonight!
Markets are range-bound going into Friday, telling us that Breakouts and Reversals will be the easiest ways to make money...
Breakouts aren't going to be easy, but I LOVE these (2) Range Reversals!
Emini and Nasdaq are bearish and sellers need to hold this next “rotation” lower, or buyers might get an easy “bear trap” reversal off range lows!
Crude Oil is bullish and I have (3) breakout patterns on my radar, but my favorite trade for tomorrow is this “bear trap reversal” just below range lows!
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Chart Timeframes used in this Video:
• Emini ES = 8,000 tick
• Nasdaq = 4,000 tick
• Crude Oil = 2,000 tick
More Trading Videos on our Blog:
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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.
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Joseph James, SchoolOfTrade.com and United Business Servicing, Inc. are not registered investment or trading advisers. The services and content provided by SchoolOfTrade.com and United Business Servicing, Inc. are for educational purposes only, and should not be considered investment advice i..
