GU is bullish. GU may test Resistance 2 if Resistance 1 broken.
Daily Chart :
GU still above Kumo. GU move side way. Expanded triangle still happening. GU maybe want to test Kumo as resistance level.
4H Chart :
Can see GU reversed from long bearish candle. In this chart GU movement is neutral. Bullish but in retracement. GU may want to test Resistance 1 again.
1H Chart :
In this chart GU clearly move below Kumo but above TS and below KS. GU in retracement in 1H chart. There is a good sell entry that can be taken.
Trade Idea :
While waiting TS cross KS in 4H chart, trader may want to take risk on counter trend trading. By looking at 1H TF, trader may sell when GU closing bar cross TS and target profit (TP) at Daily Kumo. Wish all traders good luck and gain a lot of profit.
No comments:
Post a Comment