Hey Everyone, Please see 4h chart. TARGETS 1903, 1912 RETRACEMENT TARGET 1881 SWING RANGE 1855 We remain Bullish buying dips. 1903 is our next target but we have outstanding retracement target to 1881. We have already banked our buys and now staying out for the remaining trading day and closing the week on a high!!!! Chasing a trend all the way to the...
Hey All, Quick update on our TARGET - 1816. - BOOOOOM. What can we say once again we called it and we called it one way (see related post below). We banked at 1816, which was identified with a EMA5 cross and candle body close leaving a gap to Target. We will now wait and sit back to see how EMA5 challenges 1816. If we see a cross with a candle body close above...
Daily chart remains in a Bullish structure, although we saw a big rejection at 1852 target. We have a Goldturn trendline being supported in an upward trend, which is still in a Bullish setup. Until we see EMA5 on the daily chart crossing 1801 level the setup remains Bullish to pick buy entries once momentum settles. However we have eased up on buying dips, as the...
We promised to share this with some of our newbies and thought it would be good to share it with you all. This is a prime example of how any Fundamental event related spikes up or down, come back to where the spike started; we refer to this, as Benchmark at GoldView. The framework resets when a strong Range breaker shifts two ranges and in that case it will...
Keep your analysis clean and simple. Vision wise it gives you a better understanding and clear trading plan. A technical break should bring a long way down for UJ to test support areas. Illustrated are the possible target levels. Fundamentally: USD Dollar finally starts feeling the hit of the FED's decisions Markets worldwide are in a critical situation...