GoldViewFX - Market UPDATE by Goldviewfx on TradingView.com
Hey Everyone,
Busy day on the calendar with lots of mid to high volatility events. As stated yesterday we expected a touch at 1730 due to weekly chart detachment. We got our last bearish target at 1730 and just below but EMA5 failed to cross below 1730 confirming the rejection and sending the price back up. We waited patiently, as no signal was activated but we had a manual setup to 1745 which we took from support with a clean TP and finished off with a trail TP at 1748.
Price is still bouncing between both the identified structures. A cross and lock break below 1730 will open the swing range and an ema5 cross and lock above 1750 will open the upper targets. Until we see this break out of either structure, we will see side by side ranging movement. Both Bullish targets are still open, we just need to be strategic with our entries with signal confirmation.
As always, we will track the movement level to level, using our EMA5 cross and lock and our VIP signals to take those safe entries and exits from support and resistance levels. This allows us to safely take profit with the trend or against it!!!
BULLISH TARGETS
1758
1767
EMA5 CROSS AND LOCK BELOW 1750 WILL OPEN THE FULL RETRACEMENT RANGE - DONE
BEARISH TARGETS
1738 - DONE
1730 - done
EMA5 CROSS AND LOCK BELOW 1730 WILL OPEN THE FULL SWING RANGE
SWING RANGE
1709
As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
Busy day on the calendar with lots of mid to high volatility events. As stated yesterday we expected a touch at 1730 due to weekly chart detachment. We got our last bearish target at 1730 and just below but EMA5 failed to cross below 1730 confirming the rejection and sending the price back up. We waited patiently, as no signal was activated but we had a manual setup to 1745 which we took from support with a clean TP and finished off with a trail TP at 1748.
Price is still bouncing between both the identified structures. A cross and lock break below 1730 will open the swing range and an ema5 cross and lock above 1750 will open the upper targets. Until we see this break out of either structure, we will see side by side ranging movement. Both Bullish targets are still open, we just need to be strategic with our entries with signal confirmation.
As always, we will track the movement level to level, using our EMA5 cross and lock and our VIP signals to take those safe entries and exits from support and resistance levels. This allows us to safely take profit with the trend or against it!!!
BULLISH TARGETS
1758
1767
EMA5 CROSS AND LOCK BELOW 1750 WILL OPEN THE FULL RETRACEMENT RANGE - DONE
BEARISH TARGETS
1738 - DONE
1730 - done
EMA5 CROSS AND LOCK BELOW 1730 WILL OPEN THE FULL SWING RANGE
SWING RANGE
1709
As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
🪙 JOIN OUR FREE TELEGRAM GROUP 🪙 https://www.t.me/GoldView_FX
MESSAGE US FOR VIP SIGNALS🏆 http://www.t.me/GoldviewFX
🪙 PARTNER BROKER LINK 🪙
Vantage Account: https://www.vantagemarkets.com/forex-trading/forex-trading-account/?affid=5258
MESSAGE US FOR VIP SIGNALS🏆 http://www.t.me/GoldviewFX
🪙 PARTNER BROKER LINK 🪙
Vantage Account: https://www.vantagemarkets.com/forex-trading/forex-trading-account/?affid=5258
