We thought we would share our weekly chart setup, as we have a long range gap that has opened up to 2034.
EMA5 has finally broken 1944 with last weeks candle body close confirming the lock to 2034. We have also broken out of the Goldturn channel confirming the Bullish setup.
Long range TARGET 2034
RETRACEMENT RANGE 1944
SWING RANGE 1876
Staying within the swing range will maintain our Bullish structure. A break below 1876 swing range on the weekly chart will change the Bullish structure. 1797 will open for target in which case we will review and update our setups to effectively switch direction to target the lower levels using our custom intraday levels on the smaller timeframes that we share daily with our members.
We will keep this chart in mind, as part of our overall plans and we will continue to break this weekly chart down on the smaller timeframes daily, so we can trade the range level to level.
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