Another day of patiently waiting for the deeper move into the swing range and then we picked up a nice BUY from support activated by our signal with the perfect exit at 1758 before the tank down.
As we mentioned yesterday EMA5 break and lock below 1776 opened the swing range like we shared and now we are seeing the full swing range being tested and just shy of 1743, which is now open and we will see how price reacts to this level. We expect to see price head up from this zone, however a EMA5 break and lock below 1743 will open the lower range down to a test on support structure 1707.
We will come back on Sunday with a our multi-timeframe analysis for the coming week and keeping in mind JACKSON HOLE next week so we must consider this in our risk management plan for the week ahead.
Enjoy your weekend everyone and please don't forget to like, comment and follow to support us, we really appreciate it!
What a fantastic end of the week, wasn’t straightforward to read the market therefore sometimes best to sit out until it comes to you. Well it did today in spades taking buys through GoldViewFX and sells into the evening from 1749 to 1746. If you’re thinking of joining trust me it’s worth it.
Goldviewfx
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@LPFSTrading 👊💪
Edgard1
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Simply amazing. The level of time and dedication to all his followers and especially to those in his Vip channel is simply amazing. Thanks again for all your knowledge and experience.