GU is playing out perfectly so far. Taken some off and waiting for a (possible) reaction around 1.25000.
Expect a push up and some trading in the current range 1.2500-1.23945. Will look to add shorts IF we get a deviation of 1.2500
IF we do not get a upward move, shorts will be added below 1.23835 Risk remains the same and the stops are at breakeven (aggressive) and at 1.26860 (conservative)
TP 1.22600 TP 1.21115 TP 1.19050
SL breakeven (aggressive) around 1.26860 (conservative)
Stay safe and never risk more than 1-5% of your capital per trade. The analysis is merely a price action based analysis and does not constitute financial advice in any form.