Emirah

Emirah

I don’t trade Gold, but I was intrigued to see if my method could work for this pair, posting to see if my analysis turns out to be correct.

Emirah

After analysing this pair thoroughly using top down analysis and Elliot wave, I am confident to the direction. My last two failed ideas were due to miscounting and reading the chart, which I had originally done correctly in my idea a week ago linked to this chart. We are heading down to the trend, completely the C wave of the 3 WAVW correction.

Emirah

Sniper entry from 3m TF, bullish 5 wave impulse to the upside after completing the wave 4 pullback

Emirah

Sniper entry from 3m TF, bullish 5 wave impulse to the upside after completing the wave 4 pullback

Emirah

I am seeing the completion of a strong higher TF 4 wave which my other ideas. Have followed, this is now coming to an end, and an Impulse move to the upside, completing wave B, (i made an error in my ideas before about which wave it was, none the less the same principle applied, hence why they were successful) once this impulse to the upside completes, then we...

Emirah

I see the market has finished the B WAVE of the corrective move during the Asian session, and now the market is transitioning to the DOWNWARD move of the third wave, I believe we can look for sells during the remainder of the week, keep an eye out for the pullbacks and news.

Emirah

Using the Asian range and market structure (Elliot wave) I can see that GA is beginning to move up after completing its 2nd wave in the B wave down, it is time for it to complete its wave to the upside.

Emirah

After analysing the daily-5m TF i can see that the market is doing a somewhat of a major pullback which i will be selling before it continues to the upside.

Emirah

I think that we MAY have a steep pullback based on the EW theory - it seems to have completed wave 1 and we have a wave 2 pullback in the 4hr TF and Daily - we could benefit buy selling the pullback - I will do further analysis - but I believe we will have many sell opportunities today.

Emirah

I am continuing on from yesterday's successful analysis and I am heading to my 4hr TP. We can expect somewhat of a deep pull back around that area which we can sell before it continues.

Emirah

I am looking for the continuation of the upside from last week,

Emirah

I will be selling and buying the pull back before we continue the upside.

Emirah

Once the target has reached - we will look for an entry - the arrows represent key areas , we don't know exactly where the market will decide to reverse back up and continue buying - however it's better to have TPs once the market reverses and not assume the market to do anything (Old mistake of mine even based on strategy) We can't tell the market what to do, we...

Emirah

As shown in my last idea - The 5 wave impulse move has pretty much completed, theres a little more upside move to do, and once that's completed. I will be temporarily selling the GA to around the area I have placed the arrow - As it makes its pullback. I will wait for confirmation before I sell - if no confirmation I wait.

02:18

Emirah

I have been away on holiday, but it is lovely to come back and see that my previous ideas have done what I am expecting it to do, the pair is upside and now I am simply following the movements its making and seeing where it takes me, using the asian session strategy and the Elliot wave strategy.

Emirah

broke the key area, as mentioned in my last idea, now its time to fly

Emirah

It has broken key areas, and has broken a the asian high first, so in principle, it should come down to take asian low liquidity to then make its official move up. however , if the market closes above my purple line and confirms, we could have the move up. Will wait and see what the market does

Emirah

If the market is to trend up, the third wave which can be found more closely in 5M would need to break above the purple line - correct and then shoot up. Lets see. if it doesn't , it needs to break the low (the wick) and we observe what is happening from there.