{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/price-action-trade-ideas-19th-feb-2020\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/price-action-trade-ideas-19th-feb-2020\/","headline":"Price Action Trade Ideas \u2013 19th Feb 2020","name":"Price Action Trade Ideas \u2013 19th Feb 2020","description":"Price Action Trade Ideas \u2013 19th Feb 2020 Markets Discussed in This Week\u2019s Trade Ideas: EURUSD, GOLD, SILVER and NZDJPY.   Note:\u00a0We Use Correct \u2018New York Close 5 Day Charts\u2019 \u2013 You can read about why we use these and how to download the correct free charts at\u00a0Correct Free New York Close Demo Charts   […]","datePublished":"2020-02-19","dateModified":"2020-02-19","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2020\/02\/XAGUSDDaily-1.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2020\/02\/XAGUSDDaily-1.png","height":627,"width":1200},"url":"https:\/\/forexschoolonline.com\/price-action-trade-ideas-19th-feb-2020\/","about":["charts","Price Action Charts in Focus"],"wordCount":551,"articleBody":"Price Action Trade Ideas \u2013 19th Feb 2020Markets Discussed in This Week\u2019s Trade Ideas: EURUSD, GOLD, SILVER and NZDJPY. Note:\u00a0We Use Correct \u2018New York Close 5 Day Charts\u2019 \u2013 You can read about why we use these and how to download the correct free charts at\u00a0Correct Free New York Close Demo Charts EURUSD Daily and 4 Hour ChartsLooking for Rotations Back Into ValuePrice continues to sell off lower on the EURUSD and as yet we have not had any solid pullbacks or rotations higher into a value area. Nice job to anyone who has played the breakout and has made many pips on this large break and fall lower.With markets that make aggressive moves either higher or lower such as this, we will often get a sharp pullback into the closest support or resistance level before a continuation. This is when many traders will be looking for the large pullback, but price will instead only make a sharp retrace before continuing.\u00a0If that is to play out here we could get a sharp pullback into the overhead weekly level that is also a level price found support at on the 4 hour chart on the way lower.Daily Chart4 Hour Chart GOLD Daily and 4 Hour ChartsConsolidation BreaksAt the start of the week we looked at this market for a potential breakout of the range consolidation area. Read the weekly trade ideas here.\u00a0Now price has broken out of this level it could open the door for more trading opportunities including potential quick pullbacks into the old resistance and new potential support area.As the daily and 4 hour charts show below this could be a solid level to watch for A+ bullish price action triggers.Daily Chart4 Hour Charts SILVER Daily ChartWatching for Potential BreakoutsThis is a market we have been watching closely of late as price has been working within the close support and resistance range area.Price has once again held at the support level and is moving to test the range resistance level.If price can breakout of this level with aggressive price action it could open the door for potential breakout and breakout and intraday retest trade setups.Read the lesson on how to find and trade intraday breakout trades here.\u00a0Daily Chart NZDJPY 4 Hour ChartWatching for Range and Breakout PlaysAt the start of the week we discussed this pair and the potential for range and also breakout plays.Whilst price still holds we can look to continue playing both sides of the market, however a breakout soon would not surprise here on this pair. This would then open a lot of trading opportunities such as straight breakout setups or quick breakout and retest trades.4 Hour Chart Trade Ideas Note: All views, discussions and posts in the \u2018charts in focus trade ideas\u2019 are the view of Forex School Online and are not recommendations or trading advice. All posts are general in nature and are not advice to buy or sell.Note:\u00a0We Use Correct \u2018New York Close 5 Day Charts\u2019 \u2013 You can read about why we use these and how to download the correct free charts at\u00a0Correct Free New York Close Demo Charts Please leave questions or comments in the comments section below; "}