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zanurreload Trading Journal

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Observing the 4-hour chart, yesterday's GOLD price managed to breakout the 1745 Support level and formed low prices at 1727. However, if you pay attention, the movement of GOLD price is still below the two Moving Average lines and the Ichimoku cloud area, so the movement will be more likely to fall. Moreover, fundamental factors support the decline in GOLD prices.
#1036 - September 29, 2021, 12:47:12 AM
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OIL on the H4 TF chart, it can be seen that there is a supply pattern that is parallel to the FLIP SR which means this area will usually make the price weaken, while the target for this weakness is most likely to reach 73.84 or even deeper to the SSR line at 70.38, not much. What Don can discuss in the mapping above is because the setup is clear, so what needs to be planned next is only lot settings and risk management, because in this mapping it is clear where to stop loss and take profit and the reason why Don takes sell entries.
#1037 - September 29, 2021, 12:50:14 AM
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