I am preparing for a bearish run on GU for the week. Price is currently breaking last years August 2019 prices. Showing a high probability that price will fall for the week.
I like to K.I.S (KEEP IT SIMPLE).
In doing so, if price stays below 1.21410 I will look for short opportunities. If price closes above 1.21410 I will look for long opportunities.
Take profit target= 1.21005 short Take profit target= 1.22005 long
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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.