GoldViewFX - 4H chart UPDATEQUICK UPDATE ON 4 CHART -
1903 AND 1909 are the 4H Goldturn Targets. Its not wise for us to chase these two targets from this range with the momentum we have already had today. We had a good run and whilst we remain Bullish we will look to take only small positions from retracements and stronger buy positions from deeper retracements.
Support areas 1881, 1867, 1855 are areas we can take buy entries from banking at 20 to 30 pips max due to the swing range and price range. A break below 1855 will cancel this setup for now.
As always we will keep you all updated with any changes.
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GoldViewFX
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Forexana
NZDJPY Intraday Long 15mHey Traders,
Looking to buy nzdjpy from 15m chart.
As you can see in the picture below, we have a high volume pop from the previous and buyers came in with just one push up.
After Making a Higher High, we are now in pullback phase to the overall bullish trend. The Pullback is coming in with low volume which shows the intentions of market makers they are still looking to buy this pair.
During the pullback phase, we have 2 legs to the down side and the 2nd leg is bigger than 1st one, so , I am expecting a 3rd push but with struggle to the down side.
Once we have a 3rd push and rejections from the breach line then I'll be taking a buy on this pair.