GU Short
Price broke through the recent LL, retraced back to that zone, anticipating that price will go short in this zone towards the downside as price is in a downtrend. However, if there is a bullish impulse, there may be a change in direction and price may go to the upside.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.