Following on from the last idea I published, it looks GU is bullish and breaking the trendline. Here you would have to wait for a close above the trendline before entering. If it doesn't close above the trendline, it's not a valid entry.
However, this is a slightly riskier trade so keep that in mind.
However, this is a slightly riskier trade so keep that in mind.
Trade closed: stop reached
It was a risky trade and it didn't work out.
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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.