Khan_YIK

Khan_YIK

-> Swing: Bullish. -> Internal Bearish. -> Has reached EQ. After the swing BOS price aggressively moved to the upside. First structural sign of pullback initiation was the bearish iBOS. Price pulled back to beyond EQ where we saw reaction at POI's. Price printed double bullish iBOS to confirm swing pullback phase is complete. Currently internal structure is...

Khan_YIK

-> Swing: Bullish. -> Internal: Bullish. -> Has reached EQ. (internal continuation phase) As price has reached 50% EQ there is a high probability price will target weak internal high. Currently price has reached below the 50% (discount) and internal EQ buyers stepped in. Price printed a bullish CHoCH thereby confirming buyer interest. Expectation: Price to...

Khan_YIK

This is my weekly analysis for XAU/USD: -> Swing: Bullish. -> Internal: Bearish. -> Did not reach EQ. As price has not yet reached 50% EQ and price is still in pullback phase in the premium swing/internal, therefore, I would be looking to short. Price has rejected the Weekly weak Swing High but respected the weekly strong internal high. Price wicked in excess...