Hey Guys ,
As we can see in the chart , GU is currently forming a Double Top and a rejection in the 61.80% fib if we drag our fib from the last swing high to swing low ,
overall trend for GU still in the bearish movement ,
this one looks like a good catch for us with low risk trade ,
but anything can happen , as long as it doesn't go up break the 1.36380 key level then we will be in the safe place ,
remember to put your stoploss , we don't know what market will react .
Let me know what do you think about my analysis ,
Give it a like or comment if you like this idea .
As we can see in the chart , GU is currently forming a Double Top and a rejection in the 61.80% fib if we drag our fib from the last swing high to swing low ,
overall trend for GU still in the bearish movement ,
this one looks like a good catch for us with low risk trade ,
but anything can happen , as long as it doesn't go up break the 1.36380 key level then we will be in the safe place ,
remember to put your stoploss , we don't know what market will react .
Let me know what do you think about my analysis ,
Give it a like or comment if you like this idea .
