GU is in a strong bearish trend forming LH and LL in a descending channel. However, it has formed a bullish divergence, we will wait for the breakout of previous LH and breakout of the descending channel and upon confirmation enter into a long position with the sl intact.
Trade closed: target reached
TP1 Hitt!!Move SL to BE for TP2
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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.