Hey Everyone,
Another fantastic day of trading for us with our chart idea playing out to perfection!!
Following on from yesterday, our cross and lock above 2010 confirmed 2018 and 2032. Both these targets are now hit - BOOOM!!
We had plenty of time of get in for this movement, as the weighted level lock confirmed the breakout in advance.
We now need to see 2032 cross and lock with ema5 to open the range above. A candle body close above 2032 will open the next level but a cross and lock of ema5 above 2032 will solidify confirmation for the next range.
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.
We will continue to buy dips using our support levels taking 30 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 share every week for the past 18 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGETS
2010 - DONE
EMA5 CROSS AND LOCK ABOVE 2010 WILL OPEN THE FOLLOWING BULLISH TARGET
2018 - DONE
2032 - DONE
BEARISH TARGETS
1989
1978
EMA5 CROSS AND LOCK BELOW 1978 WILL OPEN THE SWING RANGE
SWING RANGE
1952
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
XAUUSD TOP AUTHOR
Another fantastic day of trading for us with our chart idea playing out to perfection!!
Following on from yesterday, our cross and lock above 2010 confirmed 2018 and 2032. Both these targets are now hit - BOOOM!!
We had plenty of time of get in for this movement, as the weighted level lock confirmed the breakout in advance.
We now need to see 2032 cross and lock with ema5 to open the range above. A candle body close above 2032 will open the next level but a cross and lock of ema5 above 2032 will solidify confirmation for the next range.
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.
We will continue to buy dips using our support levels taking 30 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 share every week for the past 18 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGETS
2010 - DONE
EMA5 CROSS AND LOCK ABOVE 2010 WILL OPEN THE FOLLOWING BULLISH TARGET
2018 - DONE
2032 - DONE
BEARISH TARGETS
1989
1978
EMA5 CROSS AND LOCK BELOW 1978 WILL OPEN THE SWING RANGE
SWING RANGE
1952
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
XAUUSD TOP AUTHOR
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