We've seen 3 cycles UP on the GU and a stop run to the highs during NY yesterday. Expecting a reversal down to 1.5610/1.5600 region. Entered short at 1.5814, with 30 pips sl & 210 pips tp. Risk/Reward is 1:7, so it's worth waiting and see if this trade will complete during the next 3-5 days.
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.