How does an AJ chart relate to a GU trade?
Lets review AFTER the fact even though I stated it BEFORE the fact.
At the moment I was watching these 4 pairs +EU in background I could FEEL a correlation betwixt them.
There was buying pressure.
The charts showed it, and it must be past experience from 10,000 + hrs of watching charts had a little to do with it as well.
Maybe I'm reading into something that is not there, maybe not.
Look what happened.
Exactly what my gut felt like was going to happen.
Also, look at a daily GU chart all by it's lonesome.
Price rarely falls directly away after a double failure. (many other names out there for same double wick pattern)