khurramsheikh147

khurramsheikh147

Because of a complete structure, looks short to me

khurramsheikh147

Looks like market has completed the regular flat and now it can go up from here it self or from the below level ...... weather if gives setup from here or from the zone, the target should be the top. Trade with care Note: This is not any financial advise as it is just my opinion, market can go lower 1000 pips in a day which nobody knows.

khurramsheikh147

looks like it will push down to complete a running flat then push up to complete a regular flat then a big push down to complete to complete a regular flat in a bigger degree then push up in the direction of the main trend.

khurramsheikh147

looks like gold has broken the market structures on the 1 hour time frame after completing the structure on the weekly and monthly, long opportunities will be better if they present.

khurramsheikh147

Looks like Gold has completed Wave 4 Correction and now ready to move up in the last Quarter as this aligns with the seasonality of Gold as well. Fundamentals are against DXY, hence it will also start to go down very soon for a major shift in a trend. Target for Gold Long Terms Buys are above 2050$.

khurramsheikh147

As it is news (AUD CPI) tomorrow, i am looking at the structure and it looks complete for push up, although the momentum is very high for the sells but still, structure is covincing. Always trade your own Plan and trade with care.

khurramsheikh147

GBPAUD looks like it is getting ready for a good bearish move, Much things indicating the bearish move is due in this structure, but we have to be cautious because price is still in short term up trend. Wait for the break of structure to the downside and enter at the retest of the mitigation Block. This is only my point of view Trade with stop loss, Trade...

khurramsheikh147

The Uptrend is pretty solid, I can see it coming a bit more down and a push up from there, but this bullish move is going to be short term because we are already at monthly and weekly Strong Resistance. Trade with Care & Good Luck

khurramsheikh147

I have been waiting for some good setup on gold and i think now is the good time to look for short opportunities, entries would be very better if they are around 1850 ..... a daily close above 1860 will invalidate the whole idea for selling the pair. If market sustain below 1850-1860 region on a daily closing bases, then i am bearish until it hits 1790-1770...

khurramsheikh147

Look for short opportunities for GBPAUD as Austrailian Dollar have corrected very good and regarding the structure, until it don't break out from the channel , the pair looks down. Trade your own plan and your own system. Market can do anything and go anywhere without giving a chance to enter/exit. Always trade with Stop loss. Best of luck

khurramsheikh147

The last time i wrote about gold, it was trading around 1830-1850$ an ounce, i wrote that gold is bearish in the medium term along with the detailed analysis what i was seeing, now i can see gold is exactly playing as per expected, By looking into the daily chart i can see the Bullish Gartley is forming up which will complete near 1675$ area. there we have the...

khurramsheikh147

Beside the market uncertainty these days, AUDUSD is showing very clean price action, we recently have a pull back which turned into bullish flag and now we have a breakout. I am biased long till 0.79100 region.

khurramsheikh147

By looking into the daily and the weekly chart of GBPUSD, we can see price approach a very major weekly resistance level. I don't trade support and resistance in fact I try to observe in which behavior market is approaching to any level. If we look on the daily and weekly chart, we can clearly see that this whole uptrend is very slow and is corrective in nature,...

khurramsheikh147

By looking into Gold Daily time frame, we can see gold is in a bigger corrective structure now which is developing from the last 6 months almost. The recent sell off from the 1955-1960 gave us the hint of the further weakness. A bull flag pattern also developing in the daily time frame which indicates that the bigger direction is towards the up side. The H4 is...

khurramsheikh147

Gartley Pattern forming on Daily Time frame and i would suggest look for buys in the long term until sustaining above 1770-1790 area.

khurramsheikh147

By looking in to price action, we can see GU is at a key level or at the area of confluence .... the RSI and the MACD is showing some weakness in the market which indicated a pullback before breaking to the upside. No matter where the market goes, I am going to take advantage from the next move. if it breaks to the upside, wait for the retest and than go Long....