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Update of 28 May, 2022. Greetings everyone, Welcome to my humble journal, all visitors. Thank you for visiting. The Russian government warned the all West countries our those countries who help the Ukraine by providing them the weapons for using against the Russia. Russia said that it will be dangerous for those countries who helping the Ukraine by providing them the long range weaponry for the using on the Russia. All the West world who are opposite to the Russia are called that the Russia is responsible for the war. But the Russia will be very dangerous than these. Let’s see what happening next.

Today is the weekend and after two days market will reopen and this time I am ready to analyze the CRUDE OIL asset and it seems that coming week it will show bearish movement but I think it will go upward trend continuation and hit the next resistance line of 115.50. Yesterday there was a big move in the CRUDE OIL asset from the position 113.50 to hit the 115.20 level. No again rejecting this position on the hourly chart frame and close at level 115.07. I am suggesting that next week, according to the trend continuation, the CRUDE OIL asset prices will move towards the bearish resistance against near to the 112 target. Because once when the strong position 115 was braked then prices was fall toward the 114.50 position and then again hit the 115 level, according to my personal views it indicating g the rejection at 115 position and next week it will open from the bearish gap with a trend continuation towards the 110 for the next week target and may be more downward from this level.

Looking at the prices to move in the bullish or bearish continuation, let’s see what happening next with the CRUDE OIL asset prices. Closed transactions: Nothin yet any close transaction. Active transactions: The US Index was touched toward the upward continuation at 101.90 but this was the rejection and was the fake breakout and then the prices was again falling towards the bearish target below the level 101.50 and now close at a position between 101.80 and 101.50 at level 101.61. My transactions are floating with a loss of above 16 dollars on the US Index transactions. According to the trend, if the prices move above the 50 days SMA level on the four hourly timeframe, then the target will be the upward target above the level 102 and then prices will float toward my take profit position. Let’s see the next week for the next conditions of my running transactions on the US Index?

Yesterday, after seeing the bullish trend on the US Index, I was selling the GOLD metal of 0.06 lot size. Now the market is close to thee upward position and my transactions are floating with a loss of above the 20 dollars. I was except the bearish trend contention on the GOLD and bullish on the US Index both my transactions on US Index, and on GOLD are floating with an loss which is total above the 30 dollars and near to thee 40 dollars amount. Hope next week both move into my favor trend because the trend for the GOLD is clear bearish because it is many time reject the 1850 and 1860 position if it hit the level 1860 and 1865 once again then the trend continuation will be for the bullish clear and US Index, then will fall towards the bearish position below 101.00. Let’s see what happening more with my running transactions.

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