Hey Everyone,
After wrapping up our 1H chart idea, here’s the update on the 4H chart we shared Sunday. Absolute perfection. We saw the EMA5 cross and lock above 3424, which opened 3499, target hit. Then another EMA5 cross and lock above 3499 opened 3561, also hit perfectly, right to the point.
We were able to map a range target without any historical data, relying on the law of averages and it played out beautifully.
From here, we now need an EMA5 cross and lock above 3561 to open 3615. Failure to lock will likely see lower Goldturns tested for support and bounce.
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
3424 - DONE
EMA5 CROSS AND LOCK ABOVE 3424 WILL OPEN THE FOLLOWING BULLISH TARGETS
3499 - DONE
EMA5 CROSS AND LOCK ABOVE 3499 WILL OPEN THE FOLLOWING BULLISH TARGET
3561 - DONE
BEARISH TARGETS
3347
EMA5 CROSS AND LOCK BELOW 3347 WILL OPEN THE FOLLOWING BEARISH TARGET
3277
EMA5 CROSS AND LOCK BELOW 3277 WILL OPEN THE SWING RANGE
3234
3171
EMA5 CROSS AND LOCK BELOW 3171 WILL OPEN THE SECONDARY SWING RANGE
3089
2996
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
After wrapping up our 1H chart idea, here’s the update on the 4H chart we shared Sunday. Absolute perfection. We saw the EMA5 cross and lock above 3424, which opened 3499, target hit. Then another EMA5 cross and lock above 3499 opened 3561, also hit perfectly, right to the point.
We were able to map a range target without any historical data, relying on the law of averages and it played out beautifully.
From here, we now need an EMA5 cross and lock above 3561 to open 3615. Failure to lock will likely see lower Goldturns tested for support and bounce.
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
3424 - DONE
EMA5 CROSS AND LOCK ABOVE 3424 WILL OPEN THE FOLLOWING BULLISH TARGETS
3499 - DONE
EMA5 CROSS AND LOCK ABOVE 3499 WILL OPEN THE FOLLOWING BULLISH TARGET
3561 - DONE
BEARISH TARGETS
3347
EMA5 CROSS AND LOCK BELOW 3347 WILL OPEN THE FOLLOWING BEARISH TARGET
3277
EMA5 CROSS AND LOCK BELOW 3277 WILL OPEN THE SWING RANGE
3234
3171
EMA5 CROSS AND LOCK BELOW 3171 WILL OPEN THE SECONDARY SWING RANGE
3089
2996
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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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
🪙 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
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.