Update # 1 Dated 27 March 2021:
Greetings and good after noon friends, Today I'm going to open my trading journal. Today I am opening a trading journal on requesting my friends and I have no specific knowledge to update the trading journal because I have joined this forum few week ago. I will try to share the best information according to this forum so that all the people can get benefit from it. And I will also contact some senior members because I do not have any special experience of trading journal and trading, then I will request them to help me. I hope that when I contact, he will definitely help me and I will not have any issue in the future.
Covid-19 In USA
If we talk about coronavirus, then in the USA it is to a large extent Of cases all over the USA. In the USA in the last few months, the cases of Covid-19 had decreased to a great extent, but now again Covid-19 cases are increasing to an alarming extent. There the people of USA did not take precautionary habit, due to which it increased. But now the government there has shifted its role to a great extent, due to which it will be easy to control it.
Bonus Credited In Trading Account:
I have never worked on this forum before today nor do I have any work experience here. I got my bonus in my account last night and this is my bonus, this is my first time I have not received any bonus before. I will thank the Instaforex and another mt5 forum who gave me a good bonus.
CL strong rise this morning to continue the movement on Friday that the current market closing. Seeing the daily candle pattern there is a candle forming a tail, this seems to indicate the trend is going to go up, this is according to the candle pattern. and based on support resistance, if the CL rises, then the 62.40 level will test this area is the CL defense area. If you want to buy CL then you can take profit in the 62.10 area if the 63.30 area is unable to be broken and penetrated then GU will continue down and vice versa if it is able to be broken then CL will continue Up trend.
For the trend itself, in my opinion, there is still a trendy trend that needs to be watched out for is if the increase in CL is a false signal because the CL trend is still clean and the CL movement tends to go back and forth, many say that the CL movement is unclear because the Brexit itself has not a deal yet.
the movement of Gold is starting to shake again, this is coming down ahead of the open market session at 2 o'clock this afternoon. In my opinion, it has to be corrected as well, but this morning because there was a small gap opening so many traders are eyeing that area so that it rose by around 33 pips to the high price at 1731. this afternoon, the price started to get back at 1722, maybe it will keep buying saturation.
Until this afternoon there has been no significant movement in BTC and when viewed from the H1 time frame, BTC is currently trying to test the trendline resistance line. Because the major trend is still in a bearish phase, it seems that the upward movement that occurs is still part of the corrective phase and if it fails to break the trendline resistance then BTC has the opportunity to move down again.
However, if the trendline is successfully broken, this pair has the potential to initiate the formation of a reversal phase.