GU looks to be gearing up for a reversal. has broken uptrend, had produced a double top and is creating a strong divergence. waiting on the 3rd re-test & rejection before considering a short order.
Trade active
⋅
3rd point of divergence is in, rejection from resistance. TP is bottom of channel support.
Comment
⋅
Comment
⋅
Short is running well, looking for a breakdown of the next support. if we break through, TP will be 50% fib Final.