lancasterbasson28
Proper risk management beautiful buying setup . Price has been consolidating we have a confirmed double bottoms also retest on previous structure also a reversal structure based on price im bullish since we at the bottom of the bearish trend and exspect a big pusg to the upside.
use proper risk management base on my strategy this is a beautiful scalping strategy out of 5 trades i win always 3. so with 20 pip stoploss . taking trades with momentum
wait for confluence and confarmations i believe prize is gona drop again from the new variant that was discovered . lets see how price is reacting to 4hour supply on current prize level.
beatiful short head for the bottom of the structure.
Price has formed a lower low break of structure anticipated price to tap into strong demand zone we saw strong bullish engulfing to candle close on 4hour still on shorting any pull back back into supply sell limit preferebly 5% proability use proper risk management .
we have few confartmations on a long let's see how price reacts DURING ASIAN SESSION ANY REVERSAL PATTERNS SHOULD GIVE US A GOOD ENTRY
the way price is reacting it loks like it's gona retrace to our gold zone before the big push but first let's see how it reacts before we enter.
price can still pull back into the previous highs ,before it sells off traders i'm not a accurate i trade with wave analyses and simple reversal patterns .
while we wait for dxy to finished the corection to the upside soner or later the dollar will be weak migth happen anytime this week