GoldViewFX - 1H CHART MARKET UPDATEHey Everyone,
The 1H chart we have been following last week has played out perfectly! Every level we identified got HIT in order of our analysis.
We have now updated the 1H chart for this week with fresh weighted Goldturns and targets. We will be looking for EMA5 cross and lock to trade targets to each level.
We have a candle body close above 1846, which opens a target for 1852, 1855. EMA5 lock will make this stronger and open 1861. Failure to break above this level will see price retrace back to test the swing range and inline with the Goldturn channel.
BULLISH TARGETS
1852, 1855, 1861
BEARISH TARGETS
1846, 1839
SWING RANGE
1830
As always we will keep you all updated with any changes to this setup. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
Trdaingplan
GOLD TARGETS UPDATE $$1770 supported due to the two goldturn support identified.
1776 and 1781 targets both HIT perfectly, as per our analysis.
We will now review to see if we need to make any changes to our plan for our third target from earlier this week.
Please don't forget to like, comment and follow to support us so we can continue to deliver the analysis we are providing.
GoldViewFx
XAUUSD TOP AUTHOR
🏛EUR_CAD BREAKOUT ↗️WILL GO UP LONG🚀
☑️EUR_CAD bounced from the key support level
And broke out of the falling resistance line, continued bullish movement
I think we will see a pullback to the horizontal level below
Perhaps retesting the broken resistance
But then the bullish move will continue
And the pair will go UP
LONG!↗️
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BITCOIN TRADING PLAN| DETAILED BREAKDOWN
BITCOIN found its first resistance after the PayPal news rally, and is trading in a triangle.
There is a double top formed and RSI divergence is also present.
Thus, I am bearish biased.
However, Let's wait till the markets gives us a hint with the breakout one way or the other.
And we go into the trade, in the direction of the breakout, after pullback.
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