DESCENDING TRIANGLE ON THE $GU
Criteria for GU
. breakout from the descending triangle
. Entry point from 2hr candle( last bullish candle that broke structure to the down side)
. Target point ( 4hr swing low)
I'm looking to take the sell if price makes a valid retracement to the preference OB on the 2hr, things might be slow or not but I'm keen on sell for the GU as we anticipate NFP on Friday.
let me know what you think
. breakout from the descending triangle
. Entry point from 2hr candle( last bullish candle that broke structure to the down side)
. Target point ( 4hr swing low)
I'm looking to take the sell if price makes a valid retracement to the preference OB on the 2hr, things might be slow or not but I'm keen on sell for the GU as we anticipate NFP on Friday.
let me know what you think
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