GbpUsd Trade
Gu had clean bullish structures before crashing back down below a high with lower time frames flipping structure to support shorts here. I'll personally be looking to short GU if price can successfully retest the level I'm interested in before shorting with a 1:3rr target. We'll see how price reacts. Entry for me will be a bearish engulfing candle.
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Disclaimer
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.