i would say its a good time to go long as price is oversold. i wouldnt go long unless i see bullish price action. what im hoping for is a pullback to 0.618 to hopefully see some price action around the EMA 200. thats where i will be looking for the next entry on GU
invalid trade set up will sit behind the sidelines on this one
it seems that there is a retracement on this pair but still staying on the sidelines with this one.