WEEKLY CHART MID/LONG TERM ROUTE MAP

13 Okt

Hey Everyone,

Please see update on our weekly chart idea that we have been tracking and trading over the last 3 weeks.

Last week we stated that we have a detachment to ema5 below, also inline with the channel top for a possible re-test for a correction and that we had some of this correction but not the full attachment to ema5.
- This correction was now complete by touching ema5 and followed with the bounce, as the channel top provided the support like we stated perfectly inline with our plans to buy dips.

As stated before if the channel top continues to provide support then we will track the movement up, confirmed with ema5 cross and lock or candle body close. We currently have a candle body close gap to 2729 our long range AXIS TARGET.

However, if we continue to see tests on the channel top and then get a break inside the channel, then we will track the movement down, inline with our plans to buy dips, using our smaller time-frames, keeping in mind the long range gap for the future..

Buying dips allows us to safely manage any swings, instead of chasing the bull from the top.

Thank you all for your likes, comments and follows, we really appreciate it!

Mr Gold
GoldViewFX