Bearish Pressure confirmedfinally seeing the Bearishness we've been looking for. I think it will continue from here. Might get a pull back for entry but I would not be surprised if it does not give it.
Nofomo
Could price be changing direction?As I watch the price action I am seeing a lot of fighting between the bears and bulls and we could see price change direction and go bullish on GU for a moment.
indecisive price action! take cautionPrice does not have a solid direction so we are monitoring to see how it reacts to news. Looking for monthly lows to be taken before a direction is given.
Continuing Bearish price actionI'm still bearish going into this week on GU but waiting for the week to set up before getting active. We can see the most recent highs taken out before they continue with the bearish price action. Just have to be patient and wait.
The Bearish Price action continuesI had previously mentioned price is extremely bearish on GU. We got that push down for Thursday's sessions. From here it could retrace or just move sideways going into the new week. But have to wait for price to show its hand.
Rotational Price! Sit on Hands!Price is not clear. so i have been sitting on my hands for the most part this week. Waiting for clear signs that price wants to take a direction. It is remaining within value for the most part and not giving any indication that it is ready to break to either side. All we can do is watch and wait.
Price is stalling but Im still bearishLast week we got all bullish price action on GU. This week I dont feel like we will get more of the same but I have to wait and allow for the set up to show itself before getting active.
Will we get Bearish Price action for the week?Going over what we are seeing on GU. Looking for a breakdown from this location. As it has meet the objective of filling in liquidity on the upside. Just waiting for confirmation that it is done at the point.
Wait for the Break!As we monitor the price action we are looking for a break in the current structure before getting active with a direction. We have no GBP news this week. Only USD news to push the narrative.
Will there Be another Weekly High Made?Now that it is Tues day I'm waiting to see where price will stall out at and turn around. There is not much strength pushing price bullish and we have USD News for NY session coming up. Monitoring for signs that the bears want to take control and push price down. But also trying to remain aware incase anything happens to change my bias.
Weekly Review on GU, Bearish Price action for the new week?Reviewing what happened with last week and whats possible this week. Going to let Monday Play out to allow the market to show its hand then get active. We are in a Monthly transition this week so do keep that in mind on this week's moves.
GU has meet the objective this weekGU gave us great sale opportunities twice this week. As we get ready to close out the week i am looking for a low for the week to be established. so we can open next week with some kind of range we can work with to create a mid week high for another entry next week maybe. We cant predict the price. just move with it.
High has been made. Will the week continue Bearish?I waited for Tues to play out and make a high. Now that it has been made we are expecting price to continue moving bearish. As we come into the London session we are starting to see signs of that bearish pressure to push it down. We will see if it keeps it up.
Price stall before continuation Just waiting for price to make a high for the week so that it can continue with the bearish price action. Sitting on hands waiting for solid confirmation.
can we get a continuation in bearish price action?If the Dollar can hold its position we should get a bullish buck for the rest of the first quarter at least. Monitoring price for scalps on the way down on GU.
We need clear indication on direction before taking actionLooking for a break on either side of the consolidation we are currently in so that I can get some indication on what price wants to do. Sitting on hands until i see it.
Weekly review on price actionGU was pretty much flat the entire week. Not much moves made. But this week coming up should be very eventful.
Ending the week taking out liquidtySo we finally getting the push back into previous value. Being that it is friday I'm not looking for any entries. just watching for reaction for the potential move next week.
Here comes a sweet sell set upThis is a entry that I have been waiting for. I'm sure price will struggle to go into the zone until News that it set in the morning. Looking for price to break the weekly high, creating a high for the week and giving a sell entry. Nothing but short scalps for London. The ultimate sell will come for NY looks like.
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.
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.
