Measuring the previous long consolidation phase of 6+days, if the same would to happen based on the decline in volume trend. Another 2-3days from today we would have an opportunity to BUY GU. With Stop loss of 50pips, TP of 150pips. Risk reward 1:3. We notice a couple of Double tops and double bottom, awaiting next double bottom ! if the next few days Boris johnson has any medical health changes that lead GU diving down, we would look at the next long position below price 1.2 This would be a hit and go type of trade, estimated 1 night duration with current volitility.
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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.