First published at 22:43 UTC on March 21st, 2018.
2 Legged Pullback Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro
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Read the FULL Transcript of this Video & Download Charts on our Blog:
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Crude Oil is bullish with a strong …
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2 Legged Pullback Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro
--------------------
Read the FULL Transcript of this Video & Download Charts on our Blog:
http://www.sidewaysmarkets.com/
--------------------
Crude Oil is bullish with a strong bull run into the closing bell, telling me to look for buying opportunities after a ‘2-legged pullback’ down to support levels tomorrow morning.
E-Mini S&P is range-bound with a bear channel, telling me to look for selling-opportunities using the '2-Try Rule' up above the range highs tomorrow.
Nasdaq is range-bound with a triangle pattern, telling me to focus on failures around the “swings” on the chart tomorrow morning.
Gold is bullish with a strong run higher this afternoon, telling me the most reliable buying opportunities will be after a ‘2-legged pullback’ down into support levels tomorrow morning.
Euro is bullish with a wedge pattern, but the range is too narrow, so I’m watching for a pullback and buying opportunities using a "hidden channel" tomorrow morning.
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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 TIMES OF MAJOR ECONOMIC NEWS
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Joseph James..
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