Buy GU
Updated
W: Uptrend, broke trendline for sell
D: Downtrend, retraced 100 and hit -61.8
4H: Downtrend, retraced to 61.8, hit -27 so far
1H: Downtrend, retraced to 38.2, hit -27 @ weekly level, where price consolidated a bit and reversed for the buy.
CURRENTLY: Looking for price to break through and retest resistance level and make its way to -61.8 on minor fib, which is at previous support/resistance level.
(~40 pips)
D: Downtrend, retraced 100 and hit -61.8
4H: Downtrend, retraced to 61.8, hit -27 so far
1H: Downtrend, retraced to 38.2, hit -27 @ weekly level, where price consolidated a bit and reversed for the buy.
CURRENTLY: Looking for price to break through and retest resistance level and make its way to -61.8 on minor fib, which is at previous support/resistance level.
(~40 pips)
Order cancelled
No Trade. Price never broke resistance level
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