This is my short term forecast for GU longs towards the Resisting TL.
Possibility to just sell off and break this counter trend line.
IF i get some formations to support my bullish bias I will be looking for longs in the blue highlighted box.
Let me see if I can fulfil my target and just ride the move I am expecting.
I will update this as price action starts to form.
Possibility to just sell off and break this counter trend line.
IF i get some formations to support my bullish bias I will be looking for longs in the blue highlighted box.
Let me see if I can fulfil my target and just ride the move I am expecting.
I will update this as price action starts to form.
Analysis has now changed with the 4 hour break and close below the TL I was talking about. Bias is now short and I will be looking to get in on a pull back around the 1.21500 level.