FX.co ★ Adam522 | Adam522 Trading Journal

Market Summary Greetings to all! Welcome to Adam522's most recent trading diary update. How did your weekly deals go over with your forum members and visitors? Hopefully, everyone profited from the movement of FX commodities this week. This post will discuss weekly trade history and current active trades in the bitcoin cryptocurrency market. Before we get started, let's take a bird's-eye view of the market. The GBP/USD, EUR/USD, and crude oil markets remained bullish in light of the weekly outlook. The market king dollar index remained bearish throughout the week, and both precious yellow metal and silver traded sideways.

History of Closed Trades

I made a profit of 210 dollars in the previous week by mostly trading Bitcoin and valuable yellow metals like gold. The largest profit from a single transaction came from bitcoin, which was 71 at the time, and I manually terminated this trade when the market fell much below my goal level. The market demanded patience, which I couldn't maintain for very long. I try my hardest to conquer this impatience issue from time to time. The second profit came from a 64-point selling move in the gold market. One of my stop losses in the bitcoin trade activated, resulting in a loss of $26.49. Overall, I was able to earn a decent profit. Active trade

Because the forex market is closed today, the selling of gold has ground to a standstill, with a loss of $15.18. I am quite bullish about this trade, and the gold view suggests that the market will open lower on Monday. The bitcoin market's purchasing trade is currently floating with a profit of 25.26 dollars.

Bitcoin On the four-hourly chart, bitcoin produced a bullish pin bar candle, indicating that the market may rise higher. The immediate resistance level at 28989, followed by 29326, is present for the market to continue upside down. Buyers would be encouraged to pursue the second bullish goal of 29326 if the price breaks through 28989. The immediate support zone for downward traction is around 28490, followed by the recent low of 28256. If the recent low of 28256 is broken, the minor trend will shift to the negative.