Hey Everyone,
4H Chart Update
Yesterday we completed 3655 and 3696, noting that price would likely range between these two levels until we saw an EMA5 cross and lock to confirm the next move.
As expected, we continued to see bounces within this range allowing us to catch clean bounces. Now, we are seeing 3655 being tested with a candle. For confirmation of downside toward 3615, we still need EMA5 to cross and lock below 3655.
⚠️ If the EMA5 fails to lock, we can expect another retest back up toward the higher 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
3655 - DONE
EMA5 CROSS AND LOCK ABOVE 3655 WILL OPEN THE FOLLOWING BULLISH TARGETS
3696 - DONE
EMA5 CROSS AND LOCK ABOVE 3696 WILL OPEN THE FOLLOWING BULLISH TARGET
3738
BEARISH TARGETS
3615
EMA5 CROSS AND LOCK BELOW 3615 WILL OPEN THE FOLLOWING BEARISH TARGET
3583
EMA5 CROSS AND LOCK BELOW 3583 WILL OPEN THE FOLLOWING BEARISH TARGET
3545
EMA5 CROSS AND LOCK BELOW 3545 WILL OPEN THE FOLLOWING BEARISH TARGET
3509
EMA5 CROSS AND LOCK BELOW 3509 WILL OPEN THE SWING RANGE
3458
3409
EMA5 CROSS AND LOCK BELOW 3409 WILL OPEN THE SECONDARY SWING RANGE
3360
3320
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
4H Chart Update
Yesterday we completed 3655 and 3696, noting that price would likely range between these two levels until we saw an EMA5 cross and lock to confirm the next move.
As expected, we continued to see bounces within this range allowing us to catch clean bounces. Now, we are seeing 3655 being tested with a candle. For confirmation of downside toward 3615, we still need EMA5 to cross and lock below 3655.
⚠️ If the EMA5 fails to lock, we can expect another retest back up toward the higher 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
3655 - DONE
EMA5 CROSS AND LOCK ABOVE 3655 WILL OPEN THE FOLLOWING BULLISH TARGETS
3696 - DONE
EMA5 CROSS AND LOCK ABOVE 3696 WILL OPEN THE FOLLOWING BULLISH TARGET
3738
BEARISH TARGETS
3615
EMA5 CROSS AND LOCK BELOW 3615 WILL OPEN THE FOLLOWING BEARISH TARGET
3583
EMA5 CROSS AND LOCK BELOW 3583 WILL OPEN THE FOLLOWING BEARISH TARGET
3545
EMA5 CROSS AND LOCK BELOW 3545 WILL OPEN THE FOLLOWING BEARISH TARGET
3509
EMA5 CROSS AND LOCK BELOW 3509 WILL OPEN THE SWING RANGE
3458
3409
EMA5 CROSS AND LOCK BELOW 3409 WILL OPEN THE SECONDARY SWING RANGE
3360
3320
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
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منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
🪙 JOIN OUR FREE TELEGRAM GROUP 🪙 t.me/GoldView_FX
🪙 JOIN OUR DISCORD FOR BACKUP 🪙
discord.com/invite/9ZrEHGuaE2
We never DM first
🏆MESSAGE US FOR VIP SIGNALS🏆
t.me/GoldviewFX
or
email goldviewfx@gmail com
🪙 JOIN OUR DISCORD FOR BACKUP 🪙
discord.com/invite/9ZrEHGuaE2
We never DM first
🏆MESSAGE US FOR VIP SIGNALS🏆
t.me/GoldviewFX
or
email goldviewfx@gmail com
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.