The $GU has been on a down trend from the 12th of January till date. Judging from the 4h breakout, I was anticipating a deep correction into the 4h supply area before advancing to the downside .
On the 2h chart is where I spotted a bullish engulfed candle stick, broke a couple structures an currently im anticipating price to retrace back to the 2h block .
When I see confirmations I can go long ,targeting the 4h block above.
On the 2h chart is where I spotted a bullish engulfed candle stick, broke a couple structures an currently im anticipating price to retrace back to the 2h block .
When I see confirmations I can go long ,targeting the 4h block above.