Hey Everyone,
Another great day on the charts with our chart idea playing out like we analysed.
After hitting our Bullish target at 3352 yesterday we stated that we had no ema5 cross and lock confirming the rejection and that we are now seeing price head towards the bearish target at 3327.
Bearish target has now copmpleted at 3327 just like we said. We will now look for ema5 lock below to open the swing range or failure to lock will see price test the upper Goldturns again.
We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 20 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges.
BULLISH TARGET
3352 - DONE
EMA5 CROSS AND LOCK ABOVE 3352 WILL OPEN THE FOLLOWING BULLISH TARGETS
3374
EMA5 CROSS AND LOCK ABOVE 3374 WILL OPEN THE FOLLOWING BULLISH TARGET
3398
EMA5 CROSS AND LOCK ABOVE 3398 WILL OPEN THE FOLLOWING BULLISH TARGET
3422
BEARISH TARGETS
3327 - DONE
EMA5 CROSS AND LOCK BELOW 3327 WILL OPEN THE SWING RANGE
3304
3281
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
Another great day on the charts with our chart idea playing out like we analysed.
After hitting our Bullish target at 3352 yesterday we stated that we had no ema5 cross and lock confirming the rejection and that we are now seeing price head towards the bearish target at 3327.
Bearish target has now copmpleted at 3327 just like we said. We will now look for ema5 lock below to open the swing range or failure to lock will see price test the upper Goldturns again.
We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 20 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges.
BULLISH TARGET
3352 - DONE
EMA5 CROSS AND LOCK ABOVE 3352 WILL OPEN THE FOLLOWING BULLISH TARGETS
3374
EMA5 CROSS AND LOCK ABOVE 3374 WILL OPEN THE FOLLOWING BULLISH TARGET
3398
EMA5 CROSS AND LOCK ABOVE 3398 WILL OPEN THE FOLLOWING BULLISH TARGET
3422
BEARISH TARGETS
3327 - DONE
EMA5 CROSS AND LOCK BELOW 3327 WILL OPEN THE SWING RANGE
3304
3281
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
🪙 JOIN OUR FREE TELEGRAM GROUP 🪙 t.me/GoldView_FX
🪙 JOIN OUR DISCORD FOR BACKUP 🪙
discord.com/invite/9ZrEHGuaE2
🏆MESSAGE US FOR VIP SIGNALS🏆
t.me/GoldviewFX
or
email goldviewfx@gmail com
🪙 JOIN OUR DISCORD FOR BACKUP 🪙
discord.com/invite/9ZrEHGuaE2
🏆MESSAGE US FOR VIP SIGNALS🏆
t.me/GoldviewFX
or
email goldviewfx@gmail com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🪙 JOIN OUR FREE TELEGRAM GROUP 🪙 t.me/GoldView_FX
🪙 JOIN OUR DISCORD FOR BACKUP 🪙
discord.com/invite/9ZrEHGuaE2
🏆MESSAGE US FOR VIP SIGNALS🏆
t.me/GoldviewFX
or
email goldviewfx@gmail com
🪙 JOIN OUR DISCORD FOR BACKUP 🪙
discord.com/invite/9ZrEHGuaE2
🏆MESSAGE US FOR VIP SIGNALS🏆
t.me/GoldviewFX
or
email goldviewfx@gmail com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.