Sell GU
M: Downtrend, broke and retesting for the buy
W: Downtrend, broke for the buy
D: Downtrend, hit -61.8 and reversed towards monthly level
4H: Downtrend, hit -61.8 and reversed towards monthly level
1H: Uptrend, retraced to 88.6 and hit -61.8
BEARISH DIVERGENCE
CURRENTLY: I'm looking for price to push up a little more to the monthly leves, which also previous support AND touching the daily trendline.
Then, trade for the sell to previous support level
(~200 pips)
W: Downtrend, broke for the buy
D: Downtrend, hit -61.8 and reversed towards monthly level
4H: Downtrend, hit -61.8 and reversed towards monthly level
1H: Uptrend, retraced to 88.6 and hit -61.8
BEARISH DIVERGENCE
CURRENTLY: I'm looking for price to push up a little more to the monthly leves, which also previous support AND touching the daily trendline.
Then, trade for the sell to previous support level
(~200 pips)
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