I'm looking for a quick 50 pips move to the upside before a reversal to the downside. If this is the case, we are looking for a massive wave 3 coming soon. The 1D analysis is saying we are in a Wave 5 impulse downward. Please see my other chart for higher tf analysis
Note
Furthermore, there is a divergence on 1HR tf showing a trend continuation. GU will go up soon. Wait for signal to get a good entry
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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.