GoldViewFX - 4H Market UPDATE & TARGETS$$
Hey All,
I know what your all thinking......YES!! we did it again!!! 1836 and 1840 Axis Targets HIT!!. Trading it range by range helps us get out in time should the market turn against us.
We are now reaching the entrance of the next RANGEBOX 1836 - 1846 - Although we had our 1846 Target HIT, we need to see EMA5 cross and lock inside the new Rangebox. We haven't had any candle body close inside this box either. This is a sign we may see a stronger retracement. I have extended the swing range to as low as 1808 to support this.
Although we are Bullish and will continue taking buys from dips we are also now comfortable taking sell signals.
The structure remains Bullish and we can potentially see a challenge to the entrance of the Goldturn channel 1846 Goldturn and 1856 Axis. We will watch EMA5 action closely to confirm this and will keep you all updated.
Please don't forget to LIKE, COMMENT and FOLLOW to support our work.
GoldViewFX
XAUUSD TOP AUTHOR
I know what your all thinking......YES!! we did it again!!! 1836 and 1840 Axis Targets HIT!!. Trading it range by range helps us get out in time should the market turn against us.
We are now reaching the entrance of the next RANGEBOX 1836 - 1846 - Although we had our 1846 Target HIT, we need to see EMA5 cross and lock inside the new Rangebox. We haven't had any candle body close inside this box either. This is a sign we may see a stronger retracement. I have extended the swing range to as low as 1808 to support this.
Although we are Bullish and will continue taking buys from dips we are also now comfortable taking sell signals.
The structure remains Bullish and we can potentially see a challenge to the entrance of the Goldturn channel 1846 Goldturn and 1856 Axis. We will watch EMA5 action closely to confirm this and will keep you all updated.
Please don't forget to LIKE, COMMENT and FOLLOW to support our work.
GoldViewFX
XAUUSD TOP AUTHOR
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