Hi Traders, this is a top-down analysis on GU. Price is currently in a longer-term healthy uptrend, i've broken down multiple reasons why am I looking for buying opportunities on GU, especially on the higher timeframe flow. If market finds strength breaking and holding above 1.36, it shall confirms the Double-Bottom setup, with potential push all the way towards 1.40 - 1.42. If price still consolidates around 1.36 and find failures, then the setup is invalid.
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All the content I've posted are meant for educational purposes, please perform your own research and only take it as a reference.
If you enjoy the content, make sure you follow my profile and give me a thumbs up for daily fx forecast & educational content.
Trade safe and take care.
All the content I've posted are meant for educational purposes, please perform your own research and only take it as a reference.