previous bearish analysis about GU was perfect and boom targets hit :
and here we are on important zone that here is detail:
Red path :falling can continue easily and after breaking trendline we would wait for retest and add more sell position and targets are
1. 1.3850
2. 1.3740
Green path :this strong movement that start can easily continue too but major resistance(weekly) wait for it 1.4300 and targets are
first target : 1.4036
second target: 1.4086
<<Traders comment below and let me know your thinking about this analysis even simple ((agree)),((not sure))>>
this time share your idea about it and lets discuss about it (my opinion is Red path (60% sure ) for now and I see GU really bearish but we can expect some more bull candle before falling Green path as you can see )
and here we are on important zone that here is detail:
Red path :falling can continue easily and after breaking trendline we would wait for retest and add more sell position and targets are
1. 1.3850
2. 1.3740
Green path :this strong movement that start can easily continue too but major resistance(weekly) wait for it 1.4300 and targets are
first target : 1.4036
second target: 1.4086
<<Traders comment below and let me know your thinking about this analysis even simple ((agree)),((not sure))>>
this time share your idea about it and lets discuss about it (my opinion is Red path (60% sure ) for now and I see GU really bearish but we can expect some more bull candle before falling Green path as you can see )
My telegram channel:
t.me/mmbtchannel
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Related publications
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.
My telegram channel:
t.me/mmbtchannel
VIP Channels:
Forex:+400Pips & Crypto +420% monthly profit at VIP.
check pinned messages in my telegram channel for more info.
Related publications
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.