Hey Everyone,
Great way to wrap up the week! We saw quite a bit of sideways ranging movement between our levels, and our 1H chart idea played out nicely throughout the week, and now we end the week with our 4H chart update.
As anticipated, the 4H chart followed through perfectly with our bearish target at 3312 hit first, followed by EMA5 cross and lock, which opened the Retracement Range. This range was reached with precision, and the absence of any further cross and lock confirmed strong support, leading to a bounce back to 3312, just as we expected in our buy the dip strategy.
We’ll be back on Sunday with our multi-timeframe analysis and trading plans for the week ahead. Thanks again for all your likes, comments, and follows.
Wishing you all a fantastic weekend!!
MR GOLD
Great way to wrap up the week! We saw quite a bit of sideways ranging movement between our levels, and our 1H chart idea played out nicely throughout the week, and now we end the week with our 4H chart update.
As anticipated, the 4H chart followed through perfectly with our bearish target at 3312 hit first, followed by EMA5 cross and lock, which opened the Retracement Range. This range was reached with precision, and the absence of any further cross and lock confirmed strong support, leading to a bounce back to 3312, just as we expected in our buy the dip strategy.
We’ll be back on Sunday with our multi-timeframe analysis and trading plans for the week ahead. Thanks again for all your likes, comments, and follows.
Wishing you all a fantastic weekend!!
MR GOLD
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