Tradingidea
GoldViewFX - 4H CHART UPDATED LEVELS & TARGETSHey Everyone,
Please see our updated 4H chart weighted Goldturns and targets.
Although we saw a well overdue retracement and tank in price on Gold last week, as you can see by zooming out, we are still in a strong uptrend long term. Price is now testing support structure with still room to move down to 1836. If we see a EMA5 break below 1836 we are likely to see the full swing range.
We are likely to see some more swings and then establish a safe tested range to trade between.
We will use our EMA5 cross and lock above and below our weighted Goldturn support and resistance levels to track and trade the movement up and down level to level. We will now wait patiently for price to settle and then continue with our long terms plans to buy dips.
BULLISH TARGETS
1871
1894
1917
BEARISH TARGETS
1836
1802
SWING RANGE
1802 - 1772
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
Bitcoin cycle First scenario
The price is over 22800 but without falling below 19300.
Second scenario:
It drops below 19300, reaches the price of 19300 only as a maximum price in a single trend and falls below 19300.
Third scenario:
When we got here, we were already used to knowing what was happening, a sudden drop to the area of 15000-16000.
BINANCE:BTCUSDT
ATOMUSDT Short Trading Idea with Easy Invalidation.ATOM Short Trading Setup.
What I'm Looking In this Trade:
H4 Retest of key level 9.5 to fill previous vector candle.
Starting to DCA from 9.447 following next bid at 9.615 just incase fake pump or scam wick.
Confirmation to setup will be hard rejection at 9.615 with H4 Closing near 9.5
Hence, Its an easy invalidation to setup and reward is 4x time grater than risk.
US30 : Intraweek Technical AnalysisUS500 Intraweek Technical Analysis:
after rejection from 3925 the SP500 found some support at 3790. The US500 reversed from 3890 and after testing the support of 3700 twice the US500 gave a weekly closure at 3763. The US500 is expected to test the resistance of 3900 in coming week. 3800 is the key resistance for tomorrow where we can see some rejection. My idea for coming week is to enter long on support of 3700 and profit taking at 3800 and 3900. The key resistances and supports for coming week are 3900 and 3700.
there is also a moving average crossover on 4Hr time frame at 38% fib level.
If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics.
GoldViewFX - DAILY CHART UPDATEHey Everyone,
Our daily chart is tracking well, up and down our descending Goldturn channel. We had another fantastic day at premiere, booking 2 signals from today's support with a perfect TP to 1675 and 1677.
Our descending Goldturn channel on the daily chart is being respected well, and price is now testing and respecting 1643 Goldturn. We will still need to see a cross and lock below 1643 to see the lower Goldturns down to 1612-1596, or we will see a retest back to 1675.
Price has also broken out of the 1H chart Rangebox and currently in a range shift zone testing Rangebox 2. We will now look for a rejection or break into rangebox 2 to confirm our next move.
As always, we will keep you all updated with any changes to our plans throughout the week. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR1
USDJPYcouldn't took this trade because of sleep, and when i wokeup and saw this.
Daily:
1. Bullish
2. Price at premium
3. came from discount
4. target (Not Conformed)
4H:
1. Bearish
2. Price at premium
3. came from discount
4. target 4H Buyside liq
15M:
1. Bullish
2. Price at premium
3. Came from discount
4. Target 15M buyside liq
GoldViewFX - Market UPDATEHey Everyone,
What a PIPTASTIC day for us today!!!!
As per chart our Goldturn 1620 had a new Goldturn created with EMA5 highlighted on the chart, which followed with a signal confirmation for a perfect BUY trailed all the way to TP and beyond!!!!
EMA5 is now challenging structure resistance. This is an important challenge to confirm further movement up or a rejection, which is also in line with our 4H chart setup, please see below.
Perfect channel floor support once again identified yesterday with a lovely push up level to level following our route map.
All charts are still valid, and we will continue to track and trade this level-to-level structure to structure.
BULLISH TARGETS
1647 - DONE
1653 - DONE
Cross and lock above 1653 will open targets to 1663, 1676, 1687
BEARISH TARGETS
1639 - DONE
1632 - DONE
1620 - DONE
1611
1603
Cross and lock below 1603 will open targets to 1592, 1586 and 1580.
SWING RANGE
1611
As always, we will keep you all updated with any changes to our plans throughout the week. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - Market UPDATEHey Everyone,
What an awesome day and FOMC action!!!
As shared yesterday we had an open gap target to 1687, which gave us the confidence to buy dips from deeper movement. Knowing FOMC will get priced in allowed us to stay out for the deeper move down and then BOOOM 1687 TARGET HIT on the ride up!!!
The range is still 1659 to 1687; We will be looking for a break of either of these levels for a continuation of the move. The chart setup is still valid and carefully placed support and resistance levels are still valid. Currently we are testing the 1687 range breaker level. EMA5 break above will open the range shift for the above range and a failure to lock will see price head for the swing range again.
Bullish Targets
1687 - DONE
1695 - LAST TARGET LEFT ON THIS SETUP
Cross and lock above 1695 will open targets to 1708, 1722, 1733
Bearish Targets
1671 - DONE
1659 - DONE
Cross and lock below 1659 will open targets to 1647 and 1641.
SWING RANGE
1647
As always, we will keep you all updated with any changes to our plans throughout the week. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
EURUSDDaily:
1. Bullish
2. Price at discount
3. came from premium
4. target Daily OB
4H:
1. Bullish
2. Price at discount
3. came from discount
4. target 4h HH
15M:
1. Bullish
2. Price at coming to the discount area
3. Came from discount
4. Target 15M HH
Note: It is a risky buy kindly be careful with lot size
BTC Senario for Sep. 17Take a look to the chart: Keypoint for tomorrow and Targets for each scenario
XAUUSD INVALIDATED ITS BULLISH VIEW? BELOW 1670 TARGET 1637Looking Back at Mar 22, 2021, We talked about XAUUSD in consolidation level.
Since that time, XAUUSD has tested its historical time and failed. Then reversed in deep correction.
As I said at previous idea Mar 22, 2021,
"Break and hold above 1925 would resume medium term bullish view to test 1990 and all time high 2075 level.
Break below 1660 would invalidate its bullish view."
Now, XAUUSD break below 1670 and 1660, invalidated its bullish view.
If XAUUSD Hold Below 1670 then its Bearish Continue To Target :
1637, 1534, and 1200.
Resistance at 1740.
EURUSD D, ABOVE 1.0189 TARGET 1.0268 & 1.0368EURUSD made a false break below Strong Support 0.98999, and the rebound.
After That, EURUSD HIT TARGET at 1.0078, 1.0134, 1.0189.
As we talked at previous idea,
"While Above 0.9899, EURUSD then Potential Rebound To 1.0078, 1.0134, 1.0189."
Now, Can EURUSD rebound continue?
If EURUSD Break Above Fibo 61.8% 1.0189, then Potential Target at 1.0268 & 1.0368.
Strong Resistance at 1.0368, If Break, then Bullish.
But while EURUSD still Below Fibo 61.8% 1.0189, it Still Bearish.
Strong Support at 0.9899, If Break, then Bearish Continue To Target 0.9840.
Next Bearish Target 0.9710.
(From AB=CD pattern, where D=0.9710).
GBPUSD W, Above 1.1405 Target 1.1760 & 1.1934GBPUSD rebound after hit 1.1405 level.
As we talked at previous idea,
GBPUSD "If Break and hold Below 1.1876 then Potential Target is 1.1624. Strongest Support at 1.1411."
Now, GBPUSD hit Fibonacci 1.618% and formed Double Bottom around 1.1405.
Outlook,
While Above 1.1405, then GBPUSD Potential Target at 1.1760 & 1.1934.
But If Fail To Hold Above 1.1934, then GBPUSD is Still Bearish.
Strong Resistance at 1.2293.
Anyway, If GBPUSD Break Below 1.1405, then Potential Target at 1.1341 & 1.1227.
GoldViewFX - MONTHLY CHART LONG TERM GOLD OUTLOOKHey Everyone,
Please see updated monthly chart setup.
Last months candle body closed below 1776 followed with a EMA5 cross below 1776 but NO LOCK. A lock is confirmed with a candle body close after the EMA5 cross. We will need this months candle to confirm the lock below.
However, this months candle opening has left a big EMA5 detachment. If we see this detachment get attached over the course of this month then EMA5 will not lock below 1776 and turn above 1776. We highlighted a similar setup historically. We still need to keep in mind the candle body close last month below this level, as it still increases chances of a 1679 challenge.
Although last months movement due to JHS has skewed the data somewhat, with most charts looking Bearish in the short term, we need to keep in mind the long term trend is still intact and our long term Bullish stance is still in play.
Trading level to level on the shorter timeframes keeps us out of trouble and allows us to trade the range safely without committing to anything long term in these volatile conditions. However we always keep in mind our long term plans.
As always we will keep you all updated with any changes to our plans throughout the week. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR