GU bear flag has broken downwards.
If GU breaks the consolidation pole pattern bottom, I am looking to short to 1.3227 then to the 240 trend bottom around 1.3200.
This is a short term TA. We will see if it fills tonite or Friday morning.
If GU breaks the consolidation pole pattern bottom, I am looking to short to 1.3227 then to the 240 trend bottom around 1.3200.
This is a short term TA. We will see if it fills tonite or Friday morning.
Commentaire:
I took profit at 1.3240 as I figured the pair would stall before the end of the session. Came within 12 pips of our first target!
Commentaire:
After a large pullback to the .618 fib, price broke the trend line and went right to my S/R line and -1.270 fib to the PIP! That's why you should always keep an eye on the .618 fib.