So far, after the release of the news last Friday, GU saw a very Bearish fate. Now there’s been a break on TL on the H1/H4 which signifies a bearish continuation but not after a retest of the previous Support (now resistance) level which it is doing nicely. Now we wait for a confirmation to short with a 30 pip SL.
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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.