GU had a strong bearish momentum breaching below the 1.3760 & 1.3755 support zones. In today's trading session, I will pay attention to potential short-term pullback to re-test both 1.3760 & 1.3755 resistance zones follow by further bearish continuation setups. Market is currently in an extreme oversold condition, avoid chasing the sells and wait for deeper pullback.
Trade safe and be flexible.
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Thanks a lot for your ideas. I am a newbie and when you publish your ideas I am glad to see my analisys of the night before is a lot like yours. It looks I am learning to "see" or read the charts :)
TraderNeoh
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@arturoli, Glad you find them helpful. Always my pleasure to help!
ManhSonBui
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Thanks Noah, for sharing. Trading again wit short sells, hopefully I'm making some money
Mehdi_Babazadeh
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What do you think about the canal that has formed and we may have a fall from hitting the canal roof?
And do you think we will see a drop to the support of 1.3600?