Emirah

Emirah

The upside is running out, lots of SLs to take out

Emirah

As displayed in the chart, the market has potential to do take out some lows and highs which may lead to a new trend depending on what the market does.

Emirah

If market breaks my trend line and zone, I'll be looking form push to the upside. I used Elliot wave analysis, asian range and top down, to make my prediction. however, always open to see what the market does.

Emirah

I analysed this chart using the Elliot wave strategy, top down analysis and London session to confirm the current direction of the market. I am confident that this TF is completing part of ELLIOTS 5 wave impulse to the upside, so I am in for a long trade.

Emirah

I think that if market does not push the 1919 zone before the news, the news will send us downwards and collect liquidity and take asian lows and eventually make it's way up. I recommend that we prepare for that possibility. However, if market does end up collecting asian lows before the news, we could get a shoot up when the news happens. however, instinctively...

Emirah

Previous chart, confirmatio has happened.

Emirah

Market broke our sell zone, it's time for sells. see previous chart linked

Emirah

The only zone I really see market completing Is the 1.25 zone. The banks have much liquidity to get, and so I believe once market reaches that zone, we should wait for our confirmation and look to enter.

Emirah

I think we should begin to search for upward opportunities, the lows were taken from previous asian sessions, bankers now want to collect all the liquidity towards the upside. Be on the side of the bankers, and enter for buys. Market may want to collect some liquidity lower, so look out for that before entering for buys.

Emirah

If market breaks this zone and confirms by retesting and moving up, you should enter for buys! find YOUR entry!

Emirah

I am waiting to see whether the market will take out the asian highs before it takes the asian lows, and what we can see is that the asian highs were taken out, which means, once market breaks my confirmation zone, I will enter for a sell this morning

Emirah

I am waiting to see whether the market will take out the asian highs before it takes the asian lows, will see what zone market breaks first to determine what side of the trade I will enter.

Emirah

I see that market has taken the asian sessions highs, which may fool traders Into thinking that the market is now trending up, however, I believe that the market will keep trending until the zone marked as my Take profit. From there, I think we should see what market does before looking for a buy.

Emirah

I see market potentially the fib mark of 0.5 or 0.618 zone before it continues to the upside.

Emirah

Using BMS, Candle sticks and Supply and Demand, I am confident of the confirmations found to execute this trade. I look forward to seeing the outcome. What are your thoughts?

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Emirah

Very confident with my analysis. I look forward to seeing how it turns out.

Emirah

Upon analysing this market, it's clear that Gold is bearish, yet is struggling to give us a consistent flow. I will only be confident and suggest that until the market tells us it's completely ready, stay out of this trade until it breaks this area for a good entry and also because there's great liquidity.

Emirah

Contrary to what many think, I can see that the Gold market has formed an SMS, and the market has failed to cross this region and form a new high, based on some analytical confirmations, I can see the market falling into the various zones as outlined by the black horizontal lines. I see the market falling to as low as the 1723 zone and further to the 1713...