GoldViewFX - GVFX GOLDTURN RANGE BREAKER SETUP
Hey Everyone,
This is a basic yet a strong Goldturn Trading Setup in step-by-step stages. Our personal signals in VIP use an algo generated weighted Goldturn setup for more pinpoint accuracy, which is the more advanced version of this and for obvious reason we can't share this here.
1 - Draw a Goldturn on the previous days Highest point for Resistance
2 - Draw a Goldturn on the previous days Lowest point for Support
3 - Wait to now see current day price action and look to see, which level EMA5 breaks - Support or Resistance?
4 - In this example previous days Goldturn low is broken with EMA5
5 - Once EMA5 breaks level by crossing over, we now wait for a 1H candle close after the cross. This is the confirmation lock candle.
6 - Next candle is entry candle - we can see a 450-pip movement from entry. We advise to take profit at 50 pips or next Goldturn, which is a likely target or move SL and trail the movement to catch the entire breakout.
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GoldViewFX
XAUUSD TOP AUTHOR
This is a basic yet a strong Goldturn Trading Setup in step-by-step stages. Our personal signals in VIP use an algo generated weighted Goldturn setup for more pinpoint accuracy, which is the more advanced version of this and for obvious reason we can't share this here.
1 - Draw a Goldturn on the previous days Highest point for Resistance
2 - Draw a Goldturn on the previous days Lowest point for Support
3 - Wait to now see current day price action and look to see, which level EMA5 breaks - Support or Resistance?
4 - In this example previous days Goldturn low is broken with EMA5
5 - Once EMA5 breaks level by crossing over, we now wait for a 1H candle close after the cross. This is the confirmation lock candle.
6 - Next candle is entry candle - we can see a 450-pip movement from entry. We advise to take profit at 50 pips or next Goldturn, which is a likely target or move SL and trail the movement to catch the entire breakout.
Please don't forget to like the post, it helps us bring more quality content to you all.
GoldViewFX
XAUUSD TOP AUTHOR
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