Dear Traders,
My bias for GU at market open is bearish. This is because I saw the immediate order block on GU as of Friday violated with a daily closure below the bullish order block which became a bearish breaker block as a result of that violation and then mitigated confirming bearish continuation.
Depending on the DXY movement which looks bullish on the monthly and weekly for now, I see GU getting to 1.22XX before attempting a reversal to the upside.
Trade carefully and apply proper risk management.
My bias for GU at market open is bearish. This is because I saw the immediate order block on GU as of Friday violated with a daily closure below the bullish order block which became a bearish breaker block as a result of that violation and then mitigated confirming bearish continuation.
Depending on the DXY movement which looks bullish on the monthly and weekly for now, I see GU getting to 1.22XX before attempting a reversal to the upside.
Trade carefully and apply proper risk management.
FINSPOT ACADEMY
