September 23, 2019

Best S/R Levels for Day Trading

Best S/R Levels for Day Trading
We’re back in the action for the final full week of September, and I have my eyes on a combination of channels and trading-ranges for the best support and resistance levels for Tuesday’s trading session – are you ready?

Crude Oil Buyers Waiting for One More Pullback

Crude Oil is bullish as it rotates back into the narrow trading-range from last Friday, which tells me to look for buy set-ups either below the range, or after a 123-Breakout to new highs.

E-Mini S&P is Ready to Snap Higher, But Will It Last?

E-Mini S&P is bullish and trying to complete the ‘pendulum swing’ up above the range high on Tuesday and since this is a range-bound market, my plan is to fade the bull breakout using a “nested” failure pattern.

Nasdaq Runs Higher, But Where’s the Entry?

Nasdaq is bullish and trying to complete a Spike & Channel re-test, and I’m looking for a 2-Try Breakout Pattern to jump in on the move running higher.

Gold Bulls Wait for a Pullback, Watch the Trend-Line!

Gold is bullish with a Spike & Channel pattern, which tells me to stay patient and wait for a buy set-up after a DEEP pullback off today’s high.

Euro Has a Perfect Range-Channel Combination

Euro is bullish into a narrow trading-range, which tells me to look for buy set-ups underneath the range, which also combines the low of a new Hidden Channel.

“There’s no such thing as perfect. Chasing ”Perfect” is the shortest road to not achieving it.”

    schooloftrade

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