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The overall structure for GU has been bullish, for this setup am hoping for a continuation to the upside. On a 4H chart price has bounced off an orderblock and on a 15m we see a liquidity sweep and a valid order block as well as a fair value gap left after a displacement.
Buy.
A break and close below the major level of structure gives the possibility for a retest before continuing riding the trend.
Always Use Proper Risk Management.
The recently broken level is now being tested and if price fails to close below the zone then we'll be looking for a buying opportunity. And if you shift to a 1D chart you'll notice that the price had just bounced off a 50fib level which gives hopes for long opportunities.