Gold be showing momentum of selling and as we can see that Gold we respect a zone , creating lower high then after that we push to create a higher high.
Somewhere in the near future we will be looking to sell this market , but the current situation is that the market is heading to a powerful supply zone that we will be looking to sell the market at but now we are at an uptrend so let's push the market up , what are your thoughts Guys?
Waiting for the market to respect a very powerful supply zone as we had a fake break out on the resistance trendline, then waiting for a very potential reversal or reversal candle sticks then we push the market down , what are your thoughts on GBPUSD
Zones and trandlines are important because they give clear direction of the market and it is easy to calculate your risk and reward, like SL:14142.56 and it is a calculated risk management for a buy SETUP
