We took some nice trades this week on GU without a single loss. But still we have not tested the 1.404 area yet, it seems like it wants to test this area out to complete its bullish trendline (green one). Also the daily big support is laying around this level so we might see a fake breakout from the trendline. For now we shorting towards 1.405 and will see what price action gives us after that.
Note
Trade never hitted our entry by 2,8 pips sadly
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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.