GU Buy
Updated
4HR: Price was trending downward, broke triple bottom support to -61.8 on 4hr FIB then reversed for the buy.
1HR: Price was trending downward and hit -61.8 on the 1HR FIB, reversed for the buy, breaking through and retesting the 1HR trendline.
CURRENTLY: Price is consolidating on the monthly key level. Since it only pulled back to 23.6, I am looking for price to retest the 1HR trendline for the buy; making it's way back to previous resistance
(80 - 100 pips)
1HR: Price was trending downward and hit -61.8 on the 1HR FIB, reversed for the buy, breaking through and retesting the 1HR trendline.
CURRENTLY: Price is consolidating on the monthly key level. Since it only pulled back to 23.6, I am looking for price to retest the 1HR trendline for the buy; making it's way back to previous resistance
(80 - 100 pips)
Trade closed: target reached
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