Everybody who is looking to buy GU -- breakout traders, support&resistance traders etc will be delivered by stop-loss activation on both sides as we see price re-distribute at the indicated level towards bottom trendlines and support levels. LTF reversal mandatory to confirm the move.
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Possibly missed the entry by a fraction. Look for another confirmation.
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Got tapped in
Trade closed: stop reached
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Sorry, we lost this one. On hindsight, a further analysis of Volume would have confirmed lack of intention to continue lower and it was a move to trap sellers (such as ourselves)