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