Now EU went in the direction i predicted it would but it almost hit our take profit .It got there and wicked{gave a rejection} but some times it is always like that in this market because the market dont have to do what we retail traders say we can only analyse using technical analysis but we dont control the fundamentals. so we just have to adapt to anything the...
Now i see gold approaching the 1772.81 level and i think it is gonna crash more than that because i see bearish momentum in this pair.
Now the results can speak for it self that Gu has gone to the direction i predicted it would.
Now i see EU approaching the 1.18000 pyschological level and the confirmations i saw were, when price got to the trendline{descending trendline} price wicked around that area and then gave a bearish candlestick formation and i saw some bearish momentum then i knew i was to short EU.But if it should go the opposite direction then that is a different analysis altogther.
Now we can see that GU is heading upwards and is about to hit that next psychological zone and let us see if it is gonna pass there or get there and reverse.
I told you all that gold will get to 1825.00 and might pass there but i just caught 1000pips plus on gold
Now, gold has broken our key level and it is headed to our next key level at 1825.00 and the confluences are i saw bullish momentum candlesticks on the 2hour timeframe and i also saw a trendline then i also saw higher highs and higher lows then i knew gold is heading up.
Now, i see GU approaching the psychological level of 1.36000 and even further because of the bearish momentum on the higher time frame.
Price got to my level and dropped drastically into my take profit
Now, Gold has been beerish since last week and i can see gold got to one of my keylevels and gave me a candlestick formation{tweezer top on the 15 mins timeframe}and i also saw structure {lower lows and lower highs} i think gold is gonna drop hard.Let us see how it plays out.
Now, Gu got to our mini resistance level also known as mini keylevel and wicked due to lack of buyers which means the sellers has gotten momentum and they are pushing price down. This also has to do with the dollar strength{risk off}.
Now, price got to the key level at 1.18000 and rejected that area,because price does not just get to a psychological level and break it has to hesistate before it breaks or rejects.that is what is happening to EURUSD at 1.18000.I am bearish on EURUSD