GU at one point was extremely bullish before crashing to the downside with both lower and higher time frames shifting. Price is currently at a major level. Patience is gonna pay on the set up. We can either expect price to shift bullish from the current level it's at or continue pushing to the downside and wait on some type of retest to confirm those shorts. The retest on the hourly is gonna be my confirmation just to avoid a false breakout.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.