GU will go down more, but....
Updated
Dear traders,
I think this would be a nice buy opportunity. It's reacting on my level and I think it could be a bearish move, but first It has to back to that key level around 1.38000/1.38200.
That's where I will entry a sell to go even more Bearish and break the level where it is now.
This trade would be to easy so I think it will take more liquidity first and then it will pull back to the 1.38 level and it will take all the stop losses.
What do you think ?
I think this would be a nice buy opportunity. It's reacting on my level and I think it could be a bearish move, but first It has to back to that key level around 1.38000/1.38200.
That's where I will entry a sell to go even more Bearish and break the level where it is now.
This trade would be to easy so I think it will take more liquidity first and then it will pull back to the 1.38 level and it will take all the stop losses.
What do you think ?
Trade active
It took some liquidity. Now it's time to entry...but to play it save I will wait for the retest.
Trade active
110 Pips move.Trade closed: target reached
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