As I said last week, GU climbed and rejected the most important area created since the beginning of 2008!
Except for a short period in 2018 ... GU has never managed to break this area since 2016 when it came down under it! considering the W pattern formed on the 1 month chart ... I will look for a megaSELL in this area of at least 700-1000 pips in the next period!
The safest entry is a red candle closure this month! however ... a close for even 1 day over 1.37500 will open the way to the 1.45000 area
NOTE: this pair may be influenced in the short term by any news
GREAT ATTENTION: our analyzes have an accuracy of over 80% but due to market manipulations during this period we will avoid putting exact values on SL!
we also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market.
and please don't forget ....This is just a trend analysis! Please, give a LIKE if you find this idea useful!*
*This information is not a Financial Advice.
Except for a short period in 2018 ... GU has never managed to break this area since 2016 when it came down under it! considering the W pattern formed on the 1 month chart ... I will look for a megaSELL in this area of at least 700-1000 pips in the next period!
The safest entry is a red candle closure this month! however ... a close for even 1 day over 1.37500 will open the way to the 1.45000 area
NOTE: this pair may be influenced in the short term by any news
GREAT ATTENTION: our analyzes have an accuracy of over 80% but due to market manipulations during this period we will avoid putting exact values on SL!
we also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market.
and please don't forget ....This is just a trend analysis! Please, give a LIKE if you find this idea useful!*
*This information is not a Financial Advice.