GU has been rejecting this area for some time and Im thinking it may do so again
how ever im not in the trade because im waiting for a pullback to this zone which may be happening now..
on the other hand I follow the markets not predict them, so if I see price break this resistance zone I'll wait for the confirmation before going long..
how ever im not in the trade because im waiting for a pullback to this zone which may be happening now..
on the other hand I follow the markets not predict them, so if I see price break this resistance zone I'll wait for the confirmation before going long..
Comment:
breakeven trade.. becaus ei was in profit up around 15 pips before reversing.. now we can look for longs. since resistance is now support..