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GoldViewFX - MONTHLY CHART LONG TERM GOLD OUTLOOKHey Everyone, This is our Monthly setup that we have been tracking and trading for the last 4 months and as you can see this has played out perfectly hitting all our Bull targets like we projected. Please review the last 4 months update on this chart so you will be able to see how well this played out. We are now at strong resistance zone and although there is room for tests above highlighted by our last arrow into the test zone, its an area where a lot of traders will get stuck both ways. Historical data shows, although this level of zone is a resistance area, we see aggressive movements into the upper areas without price being able to sustain itself, which always leads to wick outs. We are now likely to get those tests above followed with retracements. It is crucial for us to use our smaller timeframes to navigate potential swings and capitalise on the move. We will now also slow down with our intraday trading, as the next 4 weeks will be crucial in terms of long term direction for gold. If the test zone manages to secure candle body closes then we can also gear up for a test to all time high and potentially beyond this year. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
6
GoldViewFX - END OF WEEK UPDATEHey Everyone, What can I say... Our chart idea has absolutely played out to perfection. Not only have we traded the movement but we tracked it level to level and in order. As you can see, we had the first test to 1919 resistance structure beginning of the week, clearing the first run of our Bull targets. We also highlighted and projected the retracement range, identified for the support test providing the perfect buying opportunity for the ride up, which we caught with layers on the way down to ride all the way up. This was confirmed with the levels that were left open on the first challenge to 1919 confirmed with EMA5 lock. We will now come back Sunday with our multi timeframe analysis and trading plan for the coming week. Have a great weekend everyone and please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX
OANDA:XAUUSD
by Goldviewfx
8
💵Australian Dollar/Japanese Yen💵Analyze (01/19/2023)!!!The Australian Dollar/Japanese Yen is enclosed between two zones of resistance and support and the line of the downtrend and uptrend lines. The Australian Dollar/Japanese Yen has reacted well every time it hits the downtrend and uptrend lines in the support and resistance zones. This time, the Australian Dollar/Japanese Yen was able to make a 🌅Morning Star Candlestick Pattern🌅 on the uptrend line too, and I expect the Australian Dollar/Japanese Yen to rise to the resistance zone again. We can also see Regular Divergence(RD+) between the price and RSI indicator. 🔅Australian Dollar/Japanese Yen Analyze ( AUDJPY ) Daily Timeframe⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
6
BULLISH on NZDCADEntry: .8607 SL: .8575 TP: OPEN (Will be trailing SL) Technicals: Strong Uptrend on the DAILY chart and WEEKLY. Going down to the 4H TF, we see a bounce off major support which is also on the 21 EMA. Fundamentals: Scoring high on the COT data. Retail sentiment showing strong bias to the short side. Retail traders are 70% short. As mentioned previously, often time when retail traders favor one side by over 60%, statistically the pair will move the opposite side.
Long
by ErnieTrades_
GoldViewFX - 4H CHART MARKET UPDATEHey Everyone, Another piptastic day of trading for us with all our chart ideas playing out. We caught the ride up from the retracement zone twice now, as per the levels and pre marled arrows on our idea. LAST UPDATE ON THIS 4H CHART We got our first target on our 4H chart idea at 1922, which is our resistant structure. As stated on our chart, we need to see EMA5 cross and lock above 1922 to open the upper levels. We also advised that If we see this area resist, we will possibly see movement into the retracement range. EMA5 has now failed to cross 1922, followed with the retracement starting to play out now. Although we are seeing the rejection at the 4H chart resistance level , EMA5 has crossed and locked above the channel and the upper levels are also open on the 1h chart, which suggests we are likely to see another retest at this 4H chart resistance level at some point. - (This has played out exactly how we analysed above, with getting the retracement precisely to also identifying the break of the channel, confirming the need for a retest back up. This allowed us to ride the movement up from the retracement range twice - BOOOM !) We will need to see a break above ema5 cross and lock above 1922 on this chart to get another clHean run into the upper levels and our 1H chart idea has already opened the doors above. We will track and trade the movement level to level using our EMA5 cross and lock strategy to confirm the movement and we will continue to buy dips from support levels to allows us to handle and manage swings safely. EMA5 CROSS AND LOCK ABOVE 1922 WILL OPEN 1932, 1941, 1950 and 1964 BULLISH TARGETS 1922 - DONE 1932 - 1941 - 1950 - 1964 - BEARISH TARGETS 1914 - DONE 1905 - DONE 1896 - DONE EMA5 CROSS AND LOCK BELOW 1905 WILL OPEN 1896, 1880 and 1871. SWING RANGE 1854 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
SPX500 (SP500)Hello Traders, The first week of the New Year dished out some beautiful setups NFP was released last Friday and the indexes gave out manipulation before we seen extreme bullish pressure once Manufacturing news was released Scenario 1: We would like to see price go bullish then reverse to destroy the equal lows Scenario 2: We would like to see price continue the bullish pressure for an uptrend breaking the Weekly downtrend Big companies announced the cutting of jobs this week. Either way, we will adjust to the market behavior and catch profits. Have a good trading week and remember the fundamentals of risk management and discipline!!
OANDA:SPX500USD
by Skyboxpips
GoldViewFX - Market UPDATEHey Everyone, As you can see this chart idea is playing out as analysed. Yesterday we anticipated further movement down to complete the retracement into the retracement zone on the chart, which gave us our TRAIL TP for our sell. Price bounced of perfectly from the retracement zone and back up into highlighted resistance structure, as highlighted by our arrow. This trade idea played out level to level. The challenge on the resistance structure followed with a sharp drop down leaving targets above open. Any buy positions can be managed once price finds support again, as the overall structure still remains Bullish. We are still keeping in mind the cross and lock above 1919, which has opened the doors to the upper levels. EMA5 CROSS AND LOCK ABOVE 1919 WILL OPEN 1923, 1927, 1931, 1934, 1940, AND 1945 BULLISH TARGETS 1923 - DONE 1927 - DONE 1931 - 1934 - 1940 - 1945 - BEARISH TARGETS 1915 - DONE 1910 - DONE 1904 - DONE 1899 - DONE 1895 - EMA5 CROSS AND LOCK BELOW 1895 WILL OPEN 1889, 1881 AND 1873. SWING RANGE 1867 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
OANDA:XAUUSD
by Goldviewfx
20