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GoldViewFX - FOMC MARKET UPDATEHey Everyone, AND........BOOOOOM!!!! FOMC plan executed and completing all targets on our 1H chart setup level to level. We will now track our 4H and Daily chart ideas for the remainder of the week (see related post below) BULLISH TARGETS 1931 - DONE 1937 - DONE 1946 - DONE EMA5 CROSS AND LOCK ABOVE 1946 WILL OPEN 1951, 1955 AND 1961 BEARISH TARGETS 1924 - DONE 1918 - DONE EMA5 CROSS AND LOCK BELOW 1918 WILL OPEN 1909 AND 1901 SWING RANGE 1901 - DONE LAST UPDATE Hey Everyone, As you can see our 1H chart is back in play as we find price playing between both structures with the retracement zone playing support again after riding back up from the swing range. We have FOMC today so extra caution in managing risk and range. FOMC PLAN Newbies should not trade FOMC, as too risky if you have not learnt how to manage swings. Overall we remain Bullish and therefore even if price drops due to news, it will find its way up again. Therefore, we need to keep this in mind and wait for better entries entry should the price drop. Our plan to buy dips remains in play. EMA5 is bouncing between 1924 and 1931 Goldturn levels. We would look to see which is broken with EMA5 first to track movement to the next Goldturn. As we stand all our bearish and 1 bull target has been HIT with only 1937 and 1946 left in the 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
22
GoldViewFX - Market UPDATE - FOMC Hey Everyone, As you can see our 1H chart is back in play as we find price playing between both structures with the retracement zone playing support again after riding back up from the swing range. We have FOMC today so extra caution in managing risk and range. FOMC PLAN Newbies should not trade FOMC, as too risky if you have not learnt how to manage swings. Overall we remain Bullish and therefore even if price drops due to news, it will find its way up again. Therefore, we need to keep this in mind and wait for better entries entry should the price drop. Our plan to buy dips remains in play. EMA5 is bouncing between 1924 and 1931 Goldturn levels. We would look to see which is broken with EMA5 first to track movement to the next Goldturn. As we stand all our bearish and 1 bull target has been HIT with only 1937 and 1946 left in the 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 - Market UPDATEHey Everyone, It is truly amazing to see our chart idea play out and how effective our Goldturn ema5 cross and lock strategy is in measuring the momentum of price. Take for example todays 1918 cross and lock, which we highlighted on this chart, stating it will open the swing range down to 1901 for the swing. This was precise measurement, which allowed us to slow down in buying dips to wait for the deeper retracement to buy heavier from the bottom to ride up. - This played out beautifully!!! Our plans to buy dips from support levels are still in play and we will continue to track the movement level to level using EMA5 cross and lock. BULLISH TARGETS 1931 - DONE 1937 - 1946 - EMA5 CROSS AND LOCK ABOVE 1946 WILL OPEN 1951, 1955 AND 1961 BEARISH TARGETS 1924 - DONE 1918 - DONE EMA5 CROSS AND LOCK BELOW 1918 WILL OPEN 1909 AND 1901 SWING RANGE 1901 - 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
30