DWoodz

03:03

DWoodz

Looking for bearish price action but aware of my bias. Need to see more confirmation in price action before getting active on any position. Price is basically in a neutral zone and can go either direction.

02:37

DWoodz

price has been waiting to move in position to start a bearish move. we are now in position to form a solid H&S pattern on the 8HR chart. need to continue to see confirmation it wants to continue down though so will scalp cautiously.

02:10

DWoodz

just waiting for GU to break it on down. We are now coming to a area of resistance. if it can hold i am expecting it to drop from here and i can get a nice scalp to close out the week.

02:36

DWoodz

Been waiting on price to do this. Looking for it to continue to as we come into another London session I will try and spot a entry. But must sit on hands until then cause price is very indecisive.

02:04

DWoodz

been waiting for GU to turn back bearish. Now it looks like its ready to start making that turn. At this point just waiting for further confirmation going into London session. If we can manage to break above 1.258 before London open then I will expect for price to make a new high for the week. if we maintain below that zone until after London session then I will...

03:05

DWoodz

We seen a lot of Chop this week. Looking like price is ready to turn full on bearish again but we need to wait for a new High to be made first. Might not get another move till the middle of next week. just have to be patient.

02:21

DWoodz

Looking for signs for price to turn bearish. I'm sure they are using Tues to take out highs for the week. Just need everything to line up within killzone times. for now we sit on our hands and wait for price to tell us more of what it would like to do.

02:00

DWoodz

I had mentioned that price is looking like it wants to retrace. Its stalling a bit. Kinda looking like it does not want to make the move so being cautious. but not interested in selling until I see a healthy pullback to solidify a stronger move.

02:36

DWoodz

we should get continuing bear pressure after we get a full pull back. Price definitely wanting to go bearish so I will continue to monitor for the solid move down.

02:41

DWoodz

As we come to close out the week Im feeling like the bearish pressure for the week is over. We could possibly get a pull back from this zone before they continue with bearishness next week.

01:47

DWoodz

finally seeing the Bearishness we've been looking for. I think it will continue from here. Might get a pull back for entry but I would not be surprised if it does not give it.

01:20

DWoodz

As I watch the price action I am seeing a lot of fighting between the bears and bulls and we could see price change direction and go bullish on GU for a moment.

01:26

DWoodz

Price does not have a solid direction so we are monitoring to see how it reacts to news. Looking for monthly lows to be taken before a direction is given.

02:16

DWoodz

I'm still bearish going into this week on GU but waiting for the week to set up before getting active. We can see the most recent highs taken out before they continue with the bearish price action. Just have to be patient and wait.

01:46

DWoodz

I had previously mentioned price is extremely bearish on GU. We got that push down for Thursday's sessions. From here it could retrace or just move sideways going into the new week. But have to wait for price to show its hand.

02:15

DWoodz

GU now looks like it might have ran out of steam pushing down and now needs to pull back to grab liquidity. Remaining cautious but looking for the next solid sell opportunity. for now I will take this as a opportunity to scalp the pullback.

02:57

DWoodz

Price is not clear. so i have been sitting on my hands for the most part this week. Waiting for clear signs that price wants to take a direction. It is remaining within value for the most part and not giving any indication that it is ready to break to either side. All we can do is watch and wait.

02:09

DWoodz

Last week we got all bullish price action on GU. This week I dont feel like we will get more of the same but I have to wait and allow for the set up to show itself before getting active.