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GoldViewFX - MARKET UPDATEHey Everyone, Fantastic finish to the week once again!!!! We finally got the move into the retracement range, as advised yesterday being not too far. We stuck to our plan to buy dips and carefully took our buy entry activation and trailed it up for a perfect finish. Support to resistance, level to level - BOOOOM We will now come back Sunday with our multi timeframe analysis and trading plan for the coming week. Please don't forget to like, comment and follow to support us, we really appreciate it! Have a great weekend all! GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
13
GoldViewFX - 4H CHART MARKET UPDATEHey Everyone, This is an update on our 4H chart we posted on Sunday. We identified both bullish and bearish targets like we always do, with our bias towards Bullish targets highlighted with arrows on the chart. This played out perfectly hitting all the Bullish targets completing the setup. We continued with our plans to buy dips today taking profit before the drop covering any positions from the top. We are now seeing price back at support structure also inline with our Goldturn channel. We will continue to buy dips from this range and keeping in mind the retracement range, which is not too far; we will manage our exposure accordingly. We will also continue with our plans to buy dips, as our long term projection still remains Bullish with plans for another ATH challenge and break with play into a new range for Gold. Ema5 break above the axis trendline will potentially secure movement into the new ATH range. BULLISH TARGETS 2022 - DONE 2039 - DONE 2046 - DONE BEARISH TARGETS 2005 - 1990 - EMA5 CROSS AND LOCK BELOW 1979 WILL OPEN THE SWING RANGE SWING RANGE 1942 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
OANDA:XAUUSD
by Goldviewfx
11
BluetonaFX - EURUSD Trade IdeaHi Traders! Our bearish channel on EURUSD has now turned to a triangle setup and we are now looking for a breakout to see if there is a clear direction to continue in. We are slowly approaching a 3 week low (on April 17th) around 1.09085. We expect support around this level. To approach this level, it is important to have a momentum breakout of the triangle formation. If there is no bearish momentum behind this, then we are likely to go back into the range. Please like, comment and follow to support us. We really appreciate it. BluetonaFX
by BluetonaFX
GBPUSD Trading Near 12 Month HighHi Traders! We are trading near May 23rd 2022's high of around 1.26632, hence why we have been struggling to get any momentum. The market is currently undecided as to where to go from here. Due to the market being at the highest point for almost 12 months, there is bound to be some resistance at this level. We also had an inverse head & shoulders pattern forming over this time, so this could also be a sign of a reversal to the very long term bearish trend. Fundamental news will also have a key part to play as to where we go from here with the BoE Interest Rate Decision and BoE MPC Meeting Minutes coming out later today. Please do not forget to like, comment and follow. We appreciate your support. BluetonaFX
by BluetonaFX
2
GoldViewFX - MARKET UPDATEHey Everyone, As you can see our 1H chart idea has been playing out perfectly all week. We have been hitting target after target with our final target to 2049 missed exit by only 1 pip today. Gap remains open but we were able to manage the positions by taking layers from the dip at 2030. Price is back in the range so we can continue to track and trade the movement using our Goldturn break and close. Structure remains Bullish and our long term plans for another ATH challenge and break with play into a new range for Gold this year. Patience is key as swings are expected. BULLISH TARGETS 2017 - DONE 2028 - DONE EMA5 CROSS AND LOCK ABOVE 2028 WILL OPEN UPPER LEVELS 2037 AND 2O49 2037 - DONE 2049 - BEARISH TARGETS 2005 - 1999 - EMA5 CROSS AND LOCK BELOW 1999 WILL OPEN THE SWING RANGE SWING RANGE 1979 - 1967 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
OANDA:XAUUSD
by Goldviewfx
13
BluetonaFX - GBPUSD Trade IdeaHi Traders! We have a bullish price channel showing higher highs and higher lows. We look to have currently exhausted the bullish push. The price action shows an Evening Star formation which indicates a possible reversal to the bullish trend. We have support levels at 1.25850 as the first level and 1.25499 as the second support level. We will continue to analyse this specific setup and will keep you updated as soon as possible. Please remember to follow, like and comment. Thank you for your support. BluetonaFX
by BluetonaFX
BluetonaFX - USDJPY Range SetupHi Traders! We are in a range looking for a clear direction. We are stuck between Support 134.618 and Resistance 135.326. A breakout in either direction is what to look out for in this setup. For a breakout to the upside, we need to break and close above 135.326 to target 137.774. For a breakout to the downside, we need to break and close below 134.618 to target 133.500. Please make sure you follow, like and comment. Thank you for your support. BluetonaFX
by BluetonaFX
USOIL CHART UPDATEHey Traders, We posted this idea yesterday with our first TARGET now complete. Our level was respected perfectly. At the end of last week's Friday close, WTI had settled after a three week continuous plunge that had hit a low that was last reached in late 2021. The crash was caused by anxiety over the US economy. Speculators and investors had rolled out of their positions and this dried up liquidity leaving the market mainly in the hands of algorithms and momentum traders, exacerbating volatility. We have seen the effects of liquidity drying up in this market before and how it creates extreme price swings. Last year was a case in point where we had erratic intra-day price moves that were extremely lucrative for the professionals who know how to trade in that jungle but that chopped up the rest especially retail traders. In the current setup, if oil breaks and closes below $63 it will cause a cascade in other markets. We at BluetonaFX are still long-term bullish on oil as the speculators and high liquidity will return. It's a good idea to trade crude in any case if you are also trading other commodities such as gold given that when the oil market collapses, it can pull other commodities lower due to margin calls across the class. PREVIOUS POST Please see our chart idea fir USOIL and range projection. TARGET 1 - 73.61 TARGET 2 - 82.72 We are looking for break and retest as support to trade the movement. Please like, comment and follow to support us, we really appreciate it. BluetonaFX
TVC:USOILLong
by BluetonaFX
GoldViewFX - MARKET UPDATEHey Everyone, Perfect start to our week with our Bullish Targets 2017 and 2028 now HIT, highlighted on the chart by our arrow. 2028 is a weighted resistance structure and as highlighted on the chart needed a EMA5 cross and lock to open upper range or a rejection at this level. EMA5 did not cross and so provided the perfect exit for now. As stated already structure breaks will give openings to bigger ranges in one go so that's something we will keep an eye on and highlighted on the chart. We will continue with our plans to buy from dips and not chase from the top, as we play close to the ATH. Our long term projection still remains Bullish with plans for another ATH challenge and break with play into a new range for Gold this year. Patience is key as swings are expected. BULLISH TARGETS 2017 - DONE 2028 - DONE EMA5 CROSS AND LOCK ABOVE 2028 WILL OPEN UPPER LEVELS 2037 AND 2O49 BEARISH TARGETS 2005 - 1999 - EMA5 CROSS AND LOCK BELOW 1999 WILL OPEN THE SWING RANGE SWING RANGE 1979 - 1967 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
OANDA:XAUUSD
by Goldviewfx
18
GoldViewFX - 1H CHART UPDATED LEVELS & TARGETSHey Everyone, Please see our 1H chart idea with updated Goldturn levels and targets. We saw resistance turn to support on Friday with price bouncing off the 1999-2005 structure and now testing resistance at 2017. We have Bullish targets above which we will track and trade level to level with EMA5 cross and lock. Structure breaks will give openings to bigger ranges in one go so that's something we will keep an eye on and highlighted on the chart. We are at the top end of the range and will now slow down and lighten our exposure on longs. However, we will continue with our plans to buy dips as our long term projection still remains Bullish with plans for another ATH challenge and break with play into a new range for Gold. BULLISH TARGETS 2017 - 2028 - EMA5 CROSS AND LOCK ABOVE 2028 WILL OPEN UPPER LEVELS 2037 AND 2O49 BEARISH TARGETS 2005 - 1999 - EMA5 CROSS AND LOCK BELOW 1999 WILL OPEN THE SWING RANGE SWING RANGE 1979 - 1967 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
OANDA:XAUUSD
by Goldviewfx
16
GoldViewFX - 4H CHART UPDATED LEVELS & TARGETSHey Everyone, Please see our 4H chart idea with updated Goldturn levels and targets. We saw price challenge 2060 resistance structure last week with a EMA5 rejection on 2046 Goldturn inline with the AXIS TRENDLINE. This followed with a rejection into the 2005 Goldturn support, inline with MA63 AND MA84 to find dynamic support. This is not far from the updated retracement zone. Don't forget the Structure breaks will give openings to bigger ranges in one go so that's something we will keep an eye on and highlighted on the chart. We will continue with our plans to buy dips, as our long term projection still remains Bullish with plans for another ATH challenge and break with play into a new range for Gold. Ema5 break above the axis trendline will potentially secure movement into the new ATH range. BULLISH TARGETS 2022 - 2039 - 2046 - BEARISH TARGETS 2005 - 1990 - EMA5 CROSS AND LOCK BELOW 1979 WILL OPEN THE SWING RANGE SWING RANGE 1942 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
OANDA:XAUUSD
by Goldviewfx
16
GoldViewFX - WEEKLY CHART UPDATEHey Everyone, Please see our updated weekly chart long term range and targets. Just like our monthly chart we have identified a AXIS trendline for this chart aswell. We have also update a new updated long range/term target at 2107 AXIS. Price is also at a crucial part of the range on this chart also testing and playing on the axis trendline. We will need to see price close above the axis trendline this week to open the range above. Ema5 cross above the axis trendline will further support the movement. If we see price and EMA5 play under the AXIS trendline then we can expect price to test 1928 retracement range first and then potentially 1858 swing range Goldturn for a retest and to establish support for a bounce. We will now use the smaller timeframes to track and trade the movement level to level keeping our long term chart idea idea in mind. We will continue with our plans to buy dips, as our long term projection still remains Bullish with plans for another ATH challenge and break with play into a new range for Gold. Ema5 break above the axis trendline will potentially secure movement into the new ATH range. 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
OANDA:XAUUSD
by Goldviewfx
14
GoldViewFX - MONTHLY CHART LONG TERM GOLD OUTLOOKHey Everyone, Please see our updated monthly chart long term range and targets. After tracking and trading our previous monthly chart idea over the last few months and smashing all our targets, we have now updated the monthly chart idea with a new updated long range/term target at 2185 AXIS. Price is currently at a crucial part of the range testing and playing on the axis trendline. We will need to see price close above the axis trendline this month to open the range above. Ema5 cross above the axis trendline will further support the movement. If we see price and EMA5 play under the AXIS trendline then we can expect price to test 1865 Goldturn for a retest and to establish support for a bounce. We will now use the smaller timeframes to track and trade the movement level to level keeping our long ter chart idea idea in mind. We will continue with our plans to buy dips, as our long term projection still remains Bullish with plans for another ATH challenge and break with play into a new range for Gold. Ema5 break above the axis trendline will potentially secure movement into the new ATH range. 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
OANDA:XAUUSD
by Goldviewfx
12
GoldViewFX - END OF WEEK UPDATEHey Everyone, We finish off this week with a 100% HIT rate!!!! Our final target was hit on this chart idea yesterday which finished off with the perfect exit for the rejection to follow today. We are seeing price fins support at 2005 Goldturn, which was previously a weighted resistance structure now turning into support. We would need to see a New Goldturn created above this level to confirm further push up into challenging the high again. We will now wait patiently for the price to settle into a range before considering new positions in the coming week. We will now come back Sunday with our updated multi timeframe analysans, new targets and our trading plan for the week ahead. Hope you all have a great weekend! GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
12
BluetonaFX - AUDUSD 04/05/2023 UPDATEHi Traders! We had a breakout to the upside of our symmetrical triangle setup yesterday. We had the retest of the breakout and had a bullish push to break and close above the 0.67172 resistance level. PLEASE NOTE: LATER TODAY, THE NON-FARM PAYROLL (NFP) WILL BE ANNOUNCED THEREFORE THE MARKETS WILL BE VERY THIN SO PLEASE TRADE CAREFULLY! We will continue to analyse the markets and will update you when we get more setups. Please remember to follow, like and comment. Thank you for your support. BluetonaFX
by BluetonaFX
2
BluetonaFX - AUDUSD Trade IdeaHi Traders! We currently have a symmetrical triangle setup here where the breakout could happen in either direction. We are currently in the middle of the range looking for a direction. To the downside, we must break and close below 0.66266 for a further push down. To the upside, we must break and close above 0.67172 for a further push up. Please keep in mind though that the markets will be thinner due to the very important Non-Farm Payrolls (NFP) figure that comes out tomorrow. Please also do not forget to like, comment and follow. We will continue to keep you posted. Thank you for your support! BluetonaFX
by BluetonaFX
2
GoldViewFX - 4H CHART MARKET UPDATEHey Everyone, This chart was posted Sunday for the weeks trading plan and as you can all see this played out to perfection marked with our directional arrows in sequence. We had the drop into support structure and then rode the entire move up level to level confirmed with cross and lock. We continued to maintain and share our direction to buy dips for the ATH challenge and BOOOOM!!!! Once again today we took our trade activation from the drop down into 2039 Goldturn for a nice push up securing upto 50pips. We are at a crucial point now and also NFP tomorrow so expect non organic movement. The safest thing for us to do now is wait for tomorrow to be over and gather a few days data on this new range for a blueprint. Once we have a new blueprint of this range with updated levels, we will share our updated trading plans for next week on Sunday. However, for now you can still track the price using the levels on this chart, as we are seeing price within the range again. BULLISH TARGETS 1993 - DONE 2005 - DONE EMA5 CROSS AND LOCK ABOVE 2005 WILL OPEN UPPER LEVELS UPTO 2O39 - DONE 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
OANDA:XAUUSD
by Goldviewfx
12
BluetonaFX - GBPUSD Trade IdeaHi Traders! We currently have a triangle breakout retest setup here. This usually happens after a momentum swing to either direction and then a retest of the range before the breakout. In this case, we broke out to the upside and are now looking to retest levels as Support. The main level in mind here is the 50% Fibonacci retracement level at 1.25157. The reason is because this level lines up with the trendline of the triangle breakout. Please keep in mind though that the markets will be thinner due to the very important Non-Farm Payrolls (NFP) figure that comes out tomorrow. Please also do not forget to like, comment and follow, this helps us greatly. Thank you for your support! BluetonaFX
by BluetonaFX
2