Hey Everyone, Another awesome day of level to level trading on our chart idea. We had the retracement range break yesterday with cross and lock opening the swing range. Today we had the swing range challenge, which was respected perfectly with a perfect swing bounce from the level hitting both Goldturn level 1905 and 1912. We continued to buy dips using our...
Hi Traders! There is a support break opportunity here on the AUDUSD 4H chart. The price action shown on the 4H chart is very contrasting; here you can see two opposite types of channels that are almost identical to each other in terms of structure. First, there was an ascending channel showing a clear uptrend until a turning point where the bears took full...
Hi Traders! There is a bear flag opportunity here on the GBPUSD 1H chart. After the bear momentum swing down (flag pole), we are now in a consolidation period (flag channel), and in a consolidation period, the market decides to either continue the trend or reverse the trend. The price action on this setup suggests to us that the market wants to continue the...
Hey Everyone, As stated yesterday all targets on this chart are complete, however price will still respect the levels and they did, true level to level. Price continued to test the full retracement range structure and found support perfectly at 1905 Goldturn for the bounce into 1912 Goldturn, clean 70 pips, if buying dips. We can still continue to track and...
Price keeps breaking highs and forming new higher lows. Uptrend is strong and bulls are in the control. It is likely that this bullish moves will continue. I see potential bearish reaction to 146.000 zone 🔻
Hi Traders! The price action from our EURUSD ascending channel setup from earlier today (LINK BELOW TO ORIGINAL IDEA) played out exactly as we anticipated and hit our exact price target. There was brief resistance at the first vector level at 1.09483, and afterwards the market rallied to the upper vector level at 1.09766 and found resistance at that level. We...
Hey Everyone, We HIT our Bullish targets yesterday and today we finish off this idea with the bearish targets complete and now we are seeing price in the identified retracement range. We had nice bounces on each of the Goldturns, on the way down, which we have highlighted on the chart. They allowed us to capture upto 50 PIPs with our activation buying dips. We...
It was a long hold since April. The interest expense daily, added up and the profits weren't as high as I wanted it to. But we kept to our guns and held. And so, target 1 hit at 160.79. Now we can expect the price to consolidate and move into a range before the next run up, but you'll be the first to know.
Hi Traders! There is an ascending channel setup here on the EURUSD 1H chart. We are approaching our vector level at 1.09483; there may be some resistance here for the short term, and above this level, there is another vector level at 1.09766. We identified a cup-and-handle potiential formation on the 1D chart last week (LINK BELOW), and the handle now seems to...
Hey Everyone, Fantastic start to the week with our 1H chart playing out hitting both Bullish targets 1925 and 1931 weighted level. As stated on the chart, we need to see 1931 (the weighted level) cross with ema5 lock to open upper levels otherwise a rejection will follow. This also played out as projected, as EMA5 failed to cross 1931 after being hit, giving us...
Hey Everyone, Please see our 1H chart updated levels and targets. Price is sitting tight between two weighted structures, with a candle body close gap above 1963 is a weighted Goldturn level and therefore will need a EMA5 cross and close above at 1925 and below at 1912. We will use this to plan our trades in line with our long term trend when buying dips. We...
Hey Everyone, Please see our 4H chart updated levels and targets. Price is was sitting at the weighted support structure on market close. EMA5 cross and lock below this level will open the swing range challenge, which is an o=important area to support to monitor should this happen. Should this support structure hold for the bounce, we should see 1936, as the...
Hey Everyone, Please see update on the monthly chart idea that we have been tracking for a few months now. The Goldturn channel (our own unique way to draw channels) is also being respected throughout. Last time we stated we have a new candle for the month with a small ema5 detachment below highlighted with the circle also inline with the channel half line...
Hey Everyone, We close off the week with a lovely finish. As stated yesterday, price was testing a strong level of support and we were looking to buy the dip from the channel bottom. We took our Buy from the new Goldturn support created on the channel bottom this morning and rode the move up all the way to the channel top - BOOOOOM !!!! We will now come back...
Hi viewers, CADCHF price is break zone, here now after yesterdays CHF rate cut still bullish continuation in next periods expecting TP1: 0.68650 (50) TP2: 0.68950 (80)
Hi Traders! There is a potential double bottom pattern forming here on the GBPUSD 1H chart. GBPUSD has had bearish momentum over the past 24 hours, and that momentum looks to have slowed down. A possible reason for this is that the market is near the 1.26909 support level, which we have highlighted on the chart. For the double bottom to form, this level must...
Ascending Triangle and C&H formed on GBPUSD. This is a double whammy of confirmation to the upside. We have other confirming indicators including: 7>21>200 - Bullish RSI>50 Target 1.4150 This is a follow up from the last time we did this analysis. Only difference is, the price has broken above and we are looking at the weekly chart instead of the daily. So...
Ascending Triangle formed on CAD/JPY, price broke out and it was a slow consolidation move. But then one week, we had strong buying and demand for the currency pair which shot it up to the Order Block. We had other indicators confirming its upside including: 7>21 Price<200 RSI>50 The target at 106.00 hit and the price continued to move up. I guess it's a...