short today on EU as we failed to break new highs and saw structure creating lower highs , we waited for a break of structure to the downside after creating lower highs and already knew sellers had a strong hold on EU , we then waited for price to pull back up into our key area as market on the chart , once our area was hit we saw price get rejected in this key...
re entry on gold short as you can see after creating new lows and breaking 1650 we had a small 1-2 RR previously but we then saw price push higher up to re test this zone with had previously been used as support and now was broken and used as resistance , we also have our fib zone being respected and market structure in our favour we waited for a small break to...
Here we see gold bearish and following this trend we are looking for price to pull back to our key level of 1650 , we have ema conformation , fib levels respected , a perfect break and re test of a phycological level . market structure also supports selling in this market are recent news helping sellers hold control of the bearish market risk 1%
as we have been bearish on GJ the last week we was looking for sells and as we saw price fail to break this key area of support and resistance we looked for market structure to be bearish on our 15 min timeframe , we saw price create lower highs and lower lows after breaking a support at 164.000 we looked for price to pull back up and re test before continuing to...
Another short on GJ as we created a new low and followed the bearish market structure we waited for price to come to our key area of 165.500 as this is a phycological level ,we also had our fib zone respected well once we had seen price come into our area we went into the 5min timeframe to look for our entry , all we needed for this trade was to recognise price...
following the previous trade on GJ we were looking to see if price can carry the bearish market structure , after breaking structure to the downside creating a new low we now looked for price to pull back up before a continuation to the downside , we saw price respect our support zone on our fib and also respect a key level of resistance , we targeted the 165.000...
here we see a consolidation in price after reaching new highs, after this build up we saw a spike of price to the upside due to news , as price failed to close above and respected the level of resistance we now see price break below with the respect of our ema and higher timeframe key levels , we look to see price drop to our next key level where we will see...
price failed to break a new high and was at a resistance on the weekly so we looked for price to break to the downside to catch the retracement on the higher time frame , we saw the crossover of the ema and once we saw this bearish candle break past our previous low on the 15min we knew we would see price drop to our next level of support , we drew our fib zone...
on GJ we had higher time frame show us market structure is bullish and also on the daily after the overall movement bullish and creating higher highs and higher lows we saw price start to reverse and pull back to our key support and resistance areas, we then saw a reaction showing a break of structure to the upside and we didn't trade this we waited for price to...
weekly , daily and smaller timeframe show us price action is still bearish and after breaking monthly lows we have seen price bearish and following this once structure was broken to the downside we then waited for a retracment back into our key area also support by the gold zone on our fib , after sellers taking control and our ema showing we are to carry on...
following the monthly lows we saw price still respecting the bearish market structure and after creating new lows and lower highs we saw a build up of price rejection in our key level of support and resistance , we also respected the gold level on our fib , we then Waited to see price break to the downside risk 1%
GU trade with 5 conformations * EMA showing price has selling pressure * 3 timeframe showing price is going short * gold zone on fib level respected * support and resistance respected * market structure creating lower lows and lower highs * break of structure to the downside risk 2%
as we have seen price bearish on higher timeframe and we have recently just had a break of structure creating new lows we have waited for price to pull back up to our key area and we have also respected our gold zone on our fib , we have created a head and shoulders and a lower high telling us price should carry on to the downside risk 1%
we saw GU create new lows and still see price bearish on the daily and 4hr so once we broke structure to the downside we waited for a retracement to one of our support and resistance area and also had price respecting our gold zone on our fib we then broke down out of consolidation on the 5min and got our entry targeting the recent low . rick 2%
On EU we have seen a push to the upside and price gaining strength as we break structure to the upside with this bullish push on the 15 min we also see on the 4hr price create lower highs and higher highs , we have our fib zone respected well and also a key level of support we have a TP one where we may close or just take partials risk 1%
on the h4 we see price bearish and still pushing to the downside as it broke though the support and we are now looking for it to pull back into the area before pushing back down to our old low and we see price going to 1725 we are still respecting the market structure on 15min and have our ema and fib zone that support this area risk 1 %