GU BIAS: BULLISH; ANALYSIS TIMEFRAME: H4 and H1
The bulls have now surged in to take over the market. And currently, the price is heading upward to 1. 1762. At this level, we may have a short-term pullback of the price before continuing the upward movement because the price may become too expensive for the buyer and decide to be taking a profit. Pay attention to the bulls and not the bears in this current GU market condition.
WHY LONG DECISION IN THIS ANALYSIS? It's because the trend and the support lines have been broken upwards by the bulls.
Should you enter the market now?. No. Wait. Don't chase the market. Wait for the pullback to occur. How? Go to the lower timeframes like M30, M15, or M5 if you are more aggressive.
WHY LONG DECISION IN THIS ANALYSIS? It's because the trend and the support lines have been broken upwards by the bulls.
Should you enter the market now?. No. Wait. Don't chase the market. Wait for the pullback to occur. How? Go to the lower timeframes like M30, M15, or M5 if you are more aggressive.