Possible Long on GU?
Updated
I had some doubts about GU for today.
But if I follow the weekly cycle, it makes sense for a long.
Yesterday (W) price made a reversal, so I am trading in the direction of the mid-week reversal.
But if I follow the weekly cycle, it makes sense for a long.
Yesterday (W) price made a reversal, so I am trading in the direction of the mid-week reversal.
Note
I gave it plenty of time (6 candle rule)...
Looks like they want to play around. I am out.
I was wrong about the TIMING on this one.
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