ZanderGoh

ZanderGoh Updated 

Good Doji formation forming with Support line. Another reason is that, the low of <--- has been taken out with a long wick. Which might be seen as big institutional player clearing stop losses that might be placed around that area before moving the prices up for best entry. Looking at better price entry for 1:2 min Risk reward. Seems like this week is a...

ZanderGoh Updated 

Via volume price analysis, there is heavy volume supporting the level of confluence together with candlestick showing a rejection of that level.

ZanderGoh

Looking at trade setup of ascending triangle with upside break out potential. Determined TP and SL via 1 time frame higher setup. Which is at 60.262 and 52.061. Taking into consideration of psychological level to be taking profit 5 pip before 60.000 and SL at 51.95 5 pips below 52 level. In order to maximize trading edge, limit order is place at lower end of...