GU was bearish for a while, now Im seeing a inverse head and shoulders on the 4h timeframe. also I see a break of structure and new HL and HH"s forming... and A candle close above the 50 moving average,so as long as we stay above the most recent HL and dont close below my key level ill be going long , Im waiting on 4h candle to close.. what do you guys think about GU???
Comment:
I did not enter this trade for a buy, it was my analysis though.. what I was waiting for to confirm my buy was a break of structure which never happened. if price went to 1.34765 and closed above i wouldve went long