EHMFO

EHMFO

This set-up shaping up so good . We noticed that we have been in a down trend Monday we had a push up phase however I noticed on the chart there has been a loss of intent to the upside furthermore with the dollar weekly chart signalling upside movement it is clear to see why this is stalling at resistance point. Confluences so far Lower highs and lower lows are...

EHMFO

I Expect to see some futher continuation to the downside let's look at the reasons why. Confluences ×Market is failing to make new higher highs nor is it creating any higher lows so it means there's a short-term loss of intent for price to roll up. ×On daily structure we currently didn't manage to close above previous lower low point ×we in a down trending market...

EHMFO

After a surge impulse move up yesterday we seeing the market slowed down now taking liquidity in my opinion it would be best to to execute any trades till we get a break of structures retest moreover some major confluences into our pot and top it of with continuation candlestick patterns for now we waiting while liquidity is been taken out

EHMFO

We saw huge rally down i am personally expecting a rest of previous structures before New york . Should the market fail to create lower highs we shall adapt to the movements

EHMFO

With the dollar yet to be decided on it's long term movement we should see gold movement slow this week before nfp N.B(MY OPINION) However looking at the weekly trend line could we return up? Be sure to let me know what you think

EHMFO

Still undecided on the dollar as the weekly broke higher however we would need to see more on lower intraday timeframes confluences like higher highs and higher lows ahead on nfp we should see slow movement as well to try trap traders

EHMFO

Off simple demand and supply we saw the market slow down in it's movement down moreover witnessed bullish confluences now for a potential impulse up to new highs

EHMFO

Here same insight the market broke ranging structures over the Asian session we should see a pullback complete before handing over our buy orders

EHMFO

Corrective move to the downside Failing to break structures Failing to create lower lows Huge clear-off expected

EHMFO

Simple technical analysis market impulse up created new higher highs on the hour timeframe then we seeing price failed to break it's previous high with it also losing intent to go up sharping up for a little 1:1 risk ratio trade

EHMFO

Detailed analysis of my perspective to this billion dollar market is visible when you zoom out on the chart image above. #Great success Close above= We look for more buys Fail to break structure= Sell when the opportunity comes FEEL Free to share your thoughts

EHMFO

GBPJPY Looks to be correcting to the downside on daily time frame however could it make it's last move down before it heads up again? Let's wait to see on the 1hr time frames we in a downtrend creating lower lows and lower highs looks like a lower high will form now to open opportunities for sells after various confirmations

EHMFO

The dollar index seemed to be in a large correcting move to the upside with the general trend being to the downside we expecting some bearish patterns on the lower time frames let me know what you see likewise great success!

EHMFO

Let's Trade Gold

EHMFO

Break lows corrective test confirmation to anticipated direction take your bag of pips Home

EHMFO

DXY had been correcting last week then Friday we witnessed that great impulse candlestick looking for a 50% retracement near that level Monday should be carrying heavy movement. .

EHMFO

AUDUSD Seems to be correcting and testing structure it broke last week let's hope it will be done taking liquidity by tomorrow . I personally anticipate a second daily rejection creating a new confirmed higher low point the buys will be considered . Market structure

EHMFO

As also seen on the daily chart simple market structure break test impulse correction . this week should be expecting a corrective move to recent key levels then after added confluences should be taking long term sells on this market.