GU
GU is nearing a critical area. In the past everytime price hit this area price rose. So since price is nearing that area that’s what I’m expecting price to rise. GU is also forming a reversal pattern (descending) which is also a confirmation that price is going to reverse. We buy low and sell high so personally I’m looking for one more push up and then let the market come into my zone. If you miss the initial move wait for break and retest to enter.
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.