GU Short Swing Trade
Bearish Bias;
- Higher Low on Weekly TF Wicks (13th & 27th April Weeks)
- Break of 4hr CTL will confirm a melting of GU
- 1st Target to Fib level -27
- Swing Target to previous monthly low (April)
- Stop placed above a previous 4hr candle wick (accounting for slippage)
- Higher Low on Weekly TF Wicks (13th & 27th April Weeks)
- Break of 4hr CTL will confirm a melting of GU
- 1st Target to Fib level -27
- Swing Target to previous monthly low (April)
- Stop placed above a previous 4hr candle wick (accounting for slippage)
Note
Take Profit 1 target complete.Longer swing target is still valid as overall bearish bias remains.
*Compounded at -27 Fib level pullback*
Trade closed: target reached
Closed at TP2 target!
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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.