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I am expecting the further rise of GU. It may not happen immediately so, I will wait at proper places.
But instead of going short, staying long (or) looking for a long is the better bet.
EP near 1.30/1.292
SL below 1.275
1. Watch out 1.314 to 1.315 region very closely. The price can RISE UP further UP as long as it failed to break below that region.
If you have a short trade, your trade will become valid only after the price breaks the region (1.314 to 1.315).
2. The is obviously in UP trend (Small Pull Back with Larger UP move).
3. I will suggest staying on the LONG side as the odds of winning is higher with "BUY"
TP Quickie 1.3210
All the best.