XAUUSD in bears control!Hello guys,
One of the most possible scenarios about Gold for this new week would be selling on peeks to get better risk reward ratio.
Last week price broke the support area and now the we are waiting for a pullback to sell with other traders on the market.
For the following days we will track gold price on the chart and if any important event happens, we will update this post.
Good luck.
Sellsetup
$BTC potential bear flag break down!* Was in a down trend
* Has been in a potential bear flag from mid January 2022
* Despite it breaking down from the potential bear flag, there are multiple levels of support before it reaches its measured objective.
* Key level of support being around the $30k mark
* The trend line extending from Jan 24, 2022 may act as a confluence of support with $37.5k (circled area)
* Key areas of support to keep in mind if you're planning on shorting:
* $37.5k
* $34.3k
* $30k
* A break below $30k may send BTC to its measured objective of ~15k.
GoldViewFX - 1H CHART UPDATED LEVELS & TARGETSHey everyone,
We saw price move from 1992 to 1926 last week. We were able to pick buy trades using support levels and exiting with 20 to 30 pips at a time. The overall trend is still Bullish and therefore we were not confident in riding the short term trend change with the volatile momentum.
We are in a range of 1945 to 1917, which we have seen price play in this range below. Its a range where it will be too early to commit anything long term. If we see a break below 1917 we can see lower levels open up 1907, 1901, 1894 and 1888. A failure to break the 1917 level will see us back to 1945. We expect price to play within this range. A break above 1945 will open up the upper range again.
BULLISH TARGETS
1937, 1945
BEARISH TARGETS
1927, 1921, 1917
SWING RANGE
1917
As long as EMA5 remains within the range 1917 - 1945 we can bounce between support and resistance taking 20 to 30 pips at a time to avoid getting stuck in a breakout. We may be in a short term downtrend but EMA5 has not crossed ma21 on the daily chart to confirm further Bearish movement and remains in a uptrend.
We will be watching this closely and keep you all updated. Please don't forget to like, comment and follow to support us, we really appreciate it.
GoldViewFX
XAUUSD TOP AUTHOR
great setup for swing trading on #btc🔥hi there traders all around the world👋
one of the great setups that we can count on it is breaking the trend line and it simple.
when a trend line breaks spatially if that trend was a pullback in previous(we had a good bear trend line here) we must wait for price to reach and touch the trend line then we can enter.
tip: if price touches 2or 3 times its much better.
I hoper you enjoy the lessen I just teaches you, wish you all a great day with good profit.
cheers 🥂.
GoldViewFX - MARKET UPDATEHey Everyone,
Quick update from yesterdays analysis. We saw retracement down to 1940 Goldturn but no candle body close or ema5 cross to confirm 1931, so we waited patiently for a Goldturn to be created above 1940 to give us confidence to start buying dips again. 1944 and 1952 HIT perfectly as planned, which we walked through in stages with our members.
Please see updated targets and levels to look out for below; Please also note we have BENCHMARK still open at 1976. (see related post below)
TARGETS
1961, 1969
RETRACEMENT RANGE
1944 - 1952
SWING RANGE
1927 - 1931
4H CHART UPDATE
This chart was posted on the 17th APRIL and now clearly shows the swing range in action at 1939.
We are trading levels Goldturn to Goldturn and using our unique INTRADAY LEVELS and taking no more than 20 to 40 pips maximum to avoid any traps. Patiently with discipline we are navigating the market with profit!
Please don't forget to like, comment and follow to support our work, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - MARKET UPDATEHey Everyone,
The hourly chart has HIT all the Bullish TARGETS identified. Once again our strategy to take 20 to 40 pips at a time using our levels gave us safe exits on our buys. Even when the market moves outside the technical sequence due to external news our technical analysis gave us the exit with precision!!
The market took the price down using St. Louis Fed President James Bullards comment as an excuse. Bullard said that hikes of 75 basis points should not be ruled out. The last increase of that size was in 1994. They have taken out some of the retail traders and will now buy back in at a lower price to reach the upper targets again. PATIENCE is staying out and coming back in with the smart money.
The market may now move sideways here in this range before we see it settle back into organic movement. 1961 GOLDTURN support level was a strong level that got taken out, opening 1952 and 1944, which was HIT. 1944 is our next significant support level. EMA5 break and close here will see 1940, 1931 and 1927 open for TARGETS. Failure to break 1944 will see price BACK to BENCHMARK (SEE RELATED POST BELOW ON BACK TO BENCHAMRK)
BULLISH TARGETS
1952, 1961, 1969
RETRACEMENT TARGETS
1944, 1940, 1931
SWING RANGE
1921
DAILY CHART
The daily chart structure is very much Bullish and the overall trend is clear. MA's are still aligned in order ma5, ma21, ma50, ma200. Even taking into consideration the FULL SWING RANGE of the daily chart should ema5 cross over some of the MA's, we still remain in a clean uptrend.
I remain confident in BUYING dips in this market condition and taking 20 to 40 pips at a time will give us a better chance in navigating curve balls the market throws at us. Today was the perfect example! We will trade this range Goldturn to Goldturn and entries and exits using our custom daily INTRADAY levels that we share with our members daily.
As always we will keep you all updated with our trading plans daily. Please don't forget to like, comment and follow to support us, it helps us bring more content to you all.
GoldViewFX
XAUUSD TOP AUTHOR
Audjpy is good for intraday sell for correction, Hey everyone , as u can see the market is way too extended , market must have structure / or correction to continue going up , my point of view looks like wave (5) is over , lets wait for clear break of 93.000 then pick ur best entries for more shorts , shorting NOW is pretty nice to hit 93.200 at least , and I believe we still have a lil retrace back up after that so that it could drop hard)
GoldViewFX - 1H CHART UPDATED LEVELS & TARGETS$Hey Everyone,
We have broken out of the GOLDTURN channel and then saw price support at 1961 providing another push up. As long as EMA5 stays above 1961, the upper levels will stay open for the open TARGETS.
1984 TARGET open due to EMA5 cross and lock with candle body close.
TARGETS - 1976, 1984, 1990, 1996
RETRACEMENT RANGE
1961
If 1961 is broken we will see lower GOLDTURNS open for target, however we will still remain BULLISH and will wait till we see deeper corrections with new Goldturn support to be created for us to continue to BUY dips again.
These significant GOLDTURN levels we pick out allow us to know when to pause before we continue to buy or sell and our strategy for this market condition to buy 20 to 40 pips at a time allows us a better chance to avoid getting stuck in any swings.
SWING RANGE
1952
1961 support is crucial to maintain upper TARGETS.
As always we will keep you all updated with daily updates on how we manage the range. Please don't forget to like, comment and follow to support us.
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - 4H CHART UPDATED LEVELS & TARGET$$Hey Everyone,
We have updated the 4H chart Goldturn levels and we will now watch how EMA5 reacts to the immediate Goldturn support and resistance levels. As long as EMA5 is maintained above 1957 we will remain confident in buying dips and taking 20 to 40 pips at a time will allow us to get out safely with a better chance to avoid getting stuck in any swings.
TARGETS
1975, 1995, 2017
EMA5 cross and lock with candle body close gap to next GOLDTURN will confirm each level at a time. We will wait to see EMA5 cross 1975 to open the upper targets. Failure here we will see a challenge at 1957. EMA5 break below 1957 will change our 4H chart setup, as the lower targets 1939 will open up. However we will still remain within the Bullish swing range, which will still give us confidence to buy dips.
RETRACEMENT RANGE
1957
SWING RANGE
1939
We will closely observe the Goldturn challenges on this chart. As always we will keep you all updated throughout the week.
Please don't forget to like, comment and follow to support us, we really appreciate it.
GoldViewFX
XAUUSD TOP AUTHOR
#banknifty long term chart and support & Resistance levels 18/04Hello & welcome guys...
My name is Ashish.
Today I have discusse Nifty and Bank Nifty level's for the intraday player I can analyse Market trend & I can given calls Nifty and Bank Nifty so keep on watching ...
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📍DISCLAIMER : I am not SEBI Registered Adviser. But All the views shared at fully Analysis & Research... 90 To 95% Accuracy.
Trad Your Own Risk.. safe trading🎯💯
This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
The channel is also a provider of technical knowledge on technical analysis .
This is merely a recommendation channel, so please do your own analysis as I am not a SEBI registered analyst.
Please support the channel by liking, sharing and subscribing.
Regards
Rising Bull💯
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GoldViewFX - Market UpdateHey Everyone
All TARGETS HIT !!! 1961, 1969 and 1976.
We have also broken 1961 with EMA5 and candle body close, which opens the upper range. We will look for some retracement down to the 1961 level to confirm the movement up.
We have updated the targets and swing range,
TARGETS - 1969, 1976 AND 1984
RETRACEMENT RANGE BETWEEN 1952 AND 1961 (IDEALLY 1961)
SWING RANGE 1944
Markets are volatile and although we have targets above we must expect swings and therefore taking positions from support levels and banking 20 to 40 pips at a time will protect us from swing traps. We will now wait for price to establish on this range with some retest to start directly targeting those levels. EMA5 break and close above 1969 will confirm the upper targets again. As always we will keep you all updated with regular updates on any changes to our plans throughout the day.
Please don't forget to like, comment and follow to support us.
GoldViewFX
XAUUSD TOP AUTHOR
Bearish Continuation for EURUSDThe high of the day yesterday was formed at a Bearish Orderblock and at a zone that has also been a high of the day in the previous week.
The price is forming bearish Order blocks an indication that the price will be pushed even lower to retest Institutional Price Level below.
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GBPJPY OHLC (SELLS) APRIL MONTHLY STRUCTUREPlease support this idea with LIKE if you find it useful..
GBPJPY
OHLC
Monthly structure In daily timeframe appears to be long-term sells.
Possible second leg of “M” pattern
Patiently waiting for a TDI CROSS to confirm sells . Also price line and bloodline are both within the Sell pressure zone making this high probability.
Runner Tp must be the “OPEN” which is a consolidated Quarter Level for GBPJPY.
Bearish divergence from last months high to current market price with wicks indicating rejections.
Trade with Caution. Wait for valid entries.
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P A T I E N C E + D I S C I P L I N E
GoldViewFX - 2H CHART UPDATED LEVELS & TARGET$$Hey Everyone,
Updated Goldturn levels and TARGETS
TARGETS - 1950, 1960
RETRACEMENT RANGE - 1928 - 1934
SWING RANGE - 1891
We remain Bullish and will continue to buy from support levels banking 20 to 40 pips at a time. Retracement range in mind for entries and swing range in mind to manage RISK.
EMA5 break and CANDLE BODY CLOSE above 1960 will open the upper RANGE. Rejection here will see price back in the swing range. We also have candle body close above 1960 opening target at 1969 - This is not as strong as a EMA5 cross and lock confirmation but still a gap. Sometimes momentum doesn't allow us to catch an EMA5 cross and lock gap, in which case the candle body close gives us an early heads up.
As always we will keep you all posted with any changes to our plans, please don't forget to like, comment and follow to support us.
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - DAILY CHART MARKET UPDATEHey Everyone,
Please see updated daily chart analysis.
We have drawn a channel using Goldturns, which is currently being respected by EMA5 and providing support. EMA5 is gearing for a MA21 cross this will provide the momentum needed for another push up. A failure to cross will see us test the swing range. Either way we have a long range Axis target at 1993, so any price drop into the swing range we will use as buying opportunities on the smaller timeframes, which we will share daily throughout the week.
AXIS TARGET 1993
SWING RANGE 1897
Should we see EMA5 cross below 1897 with a candle body close then we can expect further movement down to 1849. In which case we will wait for the deeper correction before continuing to buy dips again. Our strategy to buy and bank 20 to 40 pips at a time, dependant on the range, allows us safe exits should the market turn against us and then gives us a chance to get back in safely.
Please don't forget to like, comment and follow us to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - 2H CHART MARKET UPDATEHey Everyone,
We have had an awesome week so far, trading the range Goldturn to Goldturn and buying dips from support levels.
We remain Bullish in the long term seeking out opportunities by managing ranges and in the event of consolidation ranges we have been buying and taking profits 20 to 30 pips at a time to avoid traps for the Breakouts or Fakeouts. This strategy prepares us for both outcomes.
2H CHART RETRACEMENT RANGE AT 1910
2H CHART SWING RANGE AT 1891
2H CHART TARGETS AT 1934, 1942
We need to see EMA5 break and close above 1960 to open the upper range again. A failure to cross and lock will see a rejection back into the lower range.
As always we will keep you all updated with any changes to our plans. Please don't forget to like, comment and follow to support t us.
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - MARKET UPDATEHey Everyone,
Awesome start to the week and month with our analysis once again playing out perfectly. Our target at 1931 was HIT with entries from 1921 and repeat entries from every dip. Banking and taking 20 to 30 pips at a time allowed us to get in and out more than once on the same target.
As I keep stating, this is the best way to capture pips in this market condition to be able to - A: Avoid getting stuck in swings and B: to maximise on capturing pips on the same target by milking the range in and out.
We have EMA5 break and cross above 1931 GOLDTURN with a candle body close, which confirms our target for 1940. We also have a retracement level at 1927 inline with MA21 and a swing range of 1911 to manage our RISK. We will continue our plans to buy from DIPS and should anything change we will keep you all updated.
Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
MMH POSSIBLE SELLS BUT AFTER...first of we should appreciate the fact that we are at the top of the rend line , which is our daily trendline . in this case that is our dynamic resistance zone , that has been at a pike for the longest time. we see the price fall back to structurer with intensity , breaking through the previous support zone that now is turned into several tests as a resistance zone
secondly we can see a consolidation of price around this area at the current price action. This clearly means that its a zone where lots of traders are willing to sell from. This indicates us that there are presence of STOP LOSSES AND BUY orders .(liquidity)
what we anticipate for the money makers move is to slightly spike it up for the long term sell offs.
now here is the catch. we wait for the spike the later on the break of the lower time frame structure at the current structure . for a possible entry.
POSSIBLE SELLS FOR EURUSDOn the 4 HRS structure we can clearly see the ascending channel that generally indicates the market it at a bullish trend.
at the current bearish push. Its visible that it has passed through a previous support level. Creating small wicks. our interest to short the market will play along when we see the price move back to these areas , where previous stop losses are horded by the retail traders to concur the presence of so as to create enough liquidity from the zone for a final push.
FUNDAMENTALLY
The euro has been weighed down by worries about economic damage from war in Ukraine and was parked at $1.1047, not too far from last month's almost two-year trough of $1.0806.
Germany said on Sunday that the West would agree to impose more sanctions on Russia in the coming days after Ukraine accused Russian forces of war crimes.
There seems to be momentum for at least discussing an embargo on energy imports, which would likely come with price pain since Russia supplies some 40% of Europe's gas needs.