20200714 Interesting Price Action on the NASDAQ

Hello traders,

We had some interesting Price Action on the NASDAQ chart yesterday. If you look at the Daily chart you can see that we printed a Bearish Engulfing Candle which was also a Key Day Reversal Candle – a potent price action pattern. This was preceded earlier in the session by the NASDAQ printing an Evening Star formation on the 1Hour Chart. New traders can take a look and learn from how the Price Action played out.

Remember that you can learn more about these patterns by watching at the previous webinars I delivered on Trading Spotlight. (I deliver a session every Monday afternoon at 2pm London time for Admiral Markets and you can watch them here: Trading Spotlight)

Key Day Reversals: https://youtu.be/488Vn-W-x4Q

Star Formations: https://youtu.be/5xwnDFVfADA

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About FXTraderPaul

A professional Trader and Coach, FXTraderPaul blogs about his adventures from the front-lines of FX Trading. A Trader and educator who can walk the walk as opposed to merely talk the talk!

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