Journal Update EURUSD Double Top Pattern
EURUSD is now moving up and it seems that market is now headed to the entry level at 1.1120 area. At this 1.1120 level there is very good supply level and good fibo retracement 61% level is there too. I think this confluence can help trader enter into the market with double top pattern short.
Trader can easily setup there stop loss at previous swing high at 1.1180 level and set take profit at 1.1020 level, Hope this trade give trader good pips. I think trader can get at list 1:2 ratio of profit. What do you think guys about this trading view?
EURUSD Double Top Pattern
It will get to 1.0988, that is the point i am looking towards, and that can give traders that are good the success on this trade with low risk trading as well.
Analyses about the oil price it will be moving up and cover the short term resistance zone at 57.00 yesterday price may cover the 57.80 and then give reverse moves at 56.40, today price may continue moving up if this time target the new resistance above the 58.00 then we can hold our buy orders for this weekend at 59.60 good luck.
!!!Key to get success is to follow money management and using of stop loss!!![
Ladla- Trading Journal
Journal Update Gold
Friends yesterday lots of movement happen in the market hope you all manage to make good pips with your trade. Gold market is moving down a lot over 30 plus pips move down that is very good for those who are in short. However i think gold down move is not over yet. There is very good chance that gold market move more down and there is very good possibility that market will hit 1450 level and also this level is very important for trader to look for because demand zone is also there and fibo 61% retracement is also at the same level. So if trader find good long setup on this 1450 area then they can easily enter into the market and manage to make good pips.
Gold Daily Chart