Hey Everyone,
Quick update from us on our 1H chart idea.
Price is now ranging sideways after the move into the range yesterday hitting our bullish targets. We are seeing EMA5 support at 1916 with a open gap to the last target in range at 1925.
We took the buy from the dip for our usual 30 pips for a safe exit. We will continue to buy dips, as part of our plans to avoid chasing targets to the end.
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 the catch bounces up. This style allows us to naturally fall back in the long term trend without looking for the bottom or top.
BULLISH TARGETS
1893 - DONE
EMA5 CROSS AND LOCK ABOVE 1893 WILL OPEN THE FOLLOWING BULLISH TARGET
1902 - DONE
EMA5 CROSS AND LOCK ABOVE 1902 WILL OPEN THE FOLLOWING BULLISH TARGETS
1910 - DONE
1916 - DONE
1925 -
BEARISH TARGETS
1888 - DONE
EMA5 CROSS AND LOCK BELOW 1888 WILL OPEN THE SWING RANGE
SWING RANGE
1874 - 1864
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
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