Pullback in action! Possible Setup coming!Been waiting on a nice sell set up on GU and looks like it might be finally happening. Monitoring price action to see if we will end up getting a opportunity for London session.
Nofomo
We have confirmation of Bear Pressure!Now that GU has finally broken structure we should be in store for a nice significant move to the downside. Sitting on hands till London Session.
Is this the Breakout we be looking for???We finally got a push to the upside after seeing price test the previous weeks low and reject. now we looking like we could break the highs on multiple time frames.
Choppy Consolidation thus far...GU is consolidating and staying within a range so I am now monitoring for a breakout from this range to possibly take out highs for the end of the month. It is the last day of the month before we hop into a new month with all the news pending I'm sure some opportunities are ahead.
Dont let the chop fool yaGU moving Choppy cause its not ready to make the ultimate bear move yet. Looking for a breakout to the upside to set us up for a much better sell opportunity.
Can GU give us a break in structure this week?As we hope into this new week I'm starting the week looking for a break of highs. Ultimately I'm bearish but need to see this break for them to go full on bearish. For a much better entry on a short. Long as I see the volume continue to support the Narrative I will get in where I can.
Fresh Mark up for New weekJust a journal entry for myself. Not sure if it might help someone else....
WEEKLY REVIEW - Bigger Days on the wayJust reviewing where I spotted moves this week. Where I missed and anticipating what might happen next week.
Freaky Friday! Going into Monthly TransitionSo we have come to the end of the week and the news from NY session yesterday kept price from moving bullish with the structure. Ultimately price is bearish but they need to go break the highs first before flipping to bearish. Maybe that break can happen some time between now and Monday. The end of the Month is next week so I'm sure something crazy could end up happening today.
The last push before the collapse So if you been following my post I been bearish on GU pretty much all month looking for entries on a bear move. Price broke structure with GBP news today and started pushing up. Looks like they are looking to take out Highs first before going full on Bearish. So waiting for news tomorrow to see if it wants to finally confirm it wants to go bearish. So for now I'm Temporarily Bullish.
GU FAKED EVERYONE OUT WITH THIS ONE!!!! They got us good with that GBP new flipping to bullish for the session. Now looking for a break of the Monthly High before price could go bearish.
GU confirmed BearishnessWe don't have a complete breakout on the H4 Just yet but its coming. Price has moved very strong to the downside. we will be looking for further positions to continue.
Time for some Premium price actionEverything is in place for GU to start moving bearish. At this point we wait for London session and look for all the stars to align.
Careful...The bears can take control at any Moment now!This is a area I have been stalking for a sell. Looking to see how price reacts here and if we can find a entry for a nice swing position.
Weekly Review on Price Action!This past week I flipped to Bearish on GU. But as we came into Tuesday they decided to pull back on the price. This week I'm and surely going in Bearish. This is a premium set up for a nice swing to the down side.
The Bottom is about to fall out!!!GU has been building up for this drop all week! Closely monitoring price for London open as we have GBP news just before open and USD news just before NY open. I'm thinking we should get a nice swing move to break the low that was created this week.
The Move we All have been waiting for!!! GU is finally approaching a zone that I have been waiting to see it react to. The Dollar is very bullish so I'm expecting to get a nice sell opportunity in this area. To see it moving bullish now during Asian range it builds my anticipation for seeing some bearish action for London. Sitting on hands for now.
Pullback to Entry! We have Bearishness!Now GU has shown us that it is ready to move bearish. Now looking for a decent pull back for entry on a position. Hoping that we can get for London so a possible nice Sell opp coming for NY session.
Can News give us a Entry?Everything lines up for a great sell opp. But I need to see a nice pull back for entry and a high made mid week in order for me to be interested in selling. Im watching orderflow and all is lining up so far. Will wait for news before pulling trigger.
They giving Confirmation to a Flip to bearish trend on GBPUSDThis is a moment I've been waiting for. As I have been monitoring GU On the Yearly chart looks like price spent all of 2023 Retracing and 2024 will be a very Bearish year. So we are starting off the year right getting in to move with the trend!
Reviewing GU from a Swing perspectiveWe are now 2 weeks in on the new year and as the major players come back in to the market it looks like they spent the first 2 weeks of the year accumulating orders to go bearish. As we come into the new week we are looking for more signs that price wants to go bearish now.
Nice Price ActionGU was a bit rotational this week but we still managed to obtain so solid moves. Not bad for a Friday today. Will continue to monitor price for quality set ups next week. Being that we are coming into Mid Jan it looks like the market is ready to shift back to normal.
Break it on down!Now that we have a break of last weeks high I feel that GU is ready to change direction in the trend and flip to bearish. As we finish out Asian range I'm looking for signs that it wants to flip.
