Hey Everyone, Just a quick share of our DAILY chart for end of play. This chart clearly shows our Goldturn trendline (Our unique way to draw trendlines) being respected. Ema5 has failed to cross below the trendline and it looks like todays candle will close above this trendline, securing EMA5 within the boundary. Although we can see price break below the...
Hey All, Our plans to buy dips have played out well. We started with a buy signal that we took profit at 1805 and then took buys from every Goldturn level. We traded small lots due to the expected volatility around news events and NFP coming up and banked between 20 to 30 pips on each level to secure the profits. We then saw price drop to the 1789 Goldturn level...
Paypal has taken a beat down this week but when we zoom out its no more than a healthy correction . Price began to correct after putting in a double top back in the summer and from then on we identify a change in market structure . We are way down at the .786 Fib and heading towards .886 for around 110 a share . Always wait and see the reaction of a level and...
Going theme on EU is that were going up and this is my 3rd trade idea looking to ride that theory. EURGBP is Looking to take out some equal highs and a 4RR trade setup will do the trick!
Hey Everyone, End of day update for you all. Once again its crystal clear and no Smokey screens, we called it again!!!!! We called the move up from 1795 and each target hit as planned. We had 1805 hit and now seeing some retracement. Our next bull target sitting at 1814. We would like to see ema5 remain above 1800 to provide the support needed for this target....
Hey All, Quick update with hourly chart levels and targets. We have a immediate range of 1795 and 1805. We are looking for each level to break with EMA5 to confirm next. The new Goldturn channel formation is geared up for the upper level touch with EMA5 cross above MA21 providing some momentum for 1805. Please review market update on related post below for...
Hey All, Quick end of day update. 1808 target hit and now we have some resistance here on this level. We will look for EMA5 to cross and close above 1808 to confirm movement to the next level at 1814. 1789 is the most recent Goldturn support on the H4 chart and also inline with historical Goldturn support on this level. This secures our Bullish structure above...
BTCUSD has just created a level of bullish support and now the market is waiting to trap out the bearish momentum. Overall the trade pattern for today has been choppy due to a level of resistance in play. The market makers CANNOT AND WILL NOT PAY TO BEAT OUT the bullish trend as the buyers has spoken below. Let them continue to play around with the emotional...
Hey All, Quick update with a cup and handle formation on the hourly chart. In line with some immediate targets. Also note the new Goldturn at 1785, which is the new Support to watch out for today. A break with EMA5 on this levels will open the lower targets. Please review our report from yesterday (see related ideas below for our overall weekly...
BTC hit the lower ascending trendline and bounced up nicely, which could suggest we see a deeper retrace for the month of Feb. A break under the trendline carries a risk of 27k imo, so IT'S important to stay vigilant. In the evenT price can hold the current lows, and STAY ABOVE the TL, I see a potential for a deep retrace into the 50k area. When we get there, I...
Hey All, Earlier today we posted the H4 range and trading zones to support entries and exits and our overall analysis, please see related post on range management below. We updated our hourly chart levels with stronger Goldturn support and resistance levels to help trade these levels. Goldturn Resistance levels: 1808 1830 1850 1872 Goldturn Support...
Hey All, We will post our usual analysis for the week on our weekly GoldView report shortly before market opens. This is a quick post using historical ranges using range HIGH and range LOWs to create support and resistance trading zones and the range of the potential swing in the trading zone. Its really important, as a trader to identify the potential reversal...
Looking at catching the larger move with the trend, so I have a few areas I will look for buys from. Once price comes into these areas ill be reading price action on the lower time frames and looking for the best entry points.
You can set limit order on 2 of areas that pointed in picture or you can execute your order in 1 minute timeframe after BOS and CHoCH
* Excellent earnings quarter over quarter * Very strong up trend on the monthly time frame * High relative strength of 2.75 in the Consumer Defensive sector * Pays out a quarterly dividend * Breaking out a ~17 month base * Both monthly and weekly candles show a large bullish hammer candle * The weekly chart used the base resistance of $97.53 as support and mad a...
This is our 4chart update. We can see price broke out of the Goldturn channel to the downside and now challenging the bottom of the range box 2. Price has crossed this level down but now we are waiting to see EMA5 cross this level with a candle body close. This will then open gaps to 1770 and 1766. We expect to see some support at 1766, 1770 levels and then...
We have updated all the strong Goldturn levels using historical turns. We will look to see how EMA5 breaks each level with candle body close to allow us to trade each level in stages and analyse its movement at the same time. We hope to see the price find support and retrace back to its Bullish structure. We can see from zooming out, each time an ascending...
After price created double bottem on 4h TF , I expect some move to upside before next movment. My target is 0.71500