Updated

GU.... turn down or continue long.

Maybe it is the time to go short on GU. Be careful!

Note

I've more times analyzed fibo levels on charts. I've seen this movement several times: 0 -> 0.382 -> 0.236 -> 0.5 / 0.618 -> 0.618 / 0.786. What will happen we will see. Look at where are yearly camarilla levels. Maybe next target is last year close about 0.618 fibo level.

Note

Be careful!

Note

Sorry, I took a small mistake in my update comment. The movement what I've seen several times: 0 -> 0.382 -> 0.236 -> 0.5 / 0.618 -> 0.236 / 0.382 -> 0.618 / 0.786.

Note

I don't trade with candlestick chart pattern but there is a morning doji star (bullish). If it is right more longs can come....

Note

I took a hlines at the important S6R levels on GU chart. If you look at this chart there isn't S/R lines in the area of the yellow transparent box. It is interesting (imo) at the yearly camarilla pivot is a strong S/R level too.

1,32000 is a very strong resistnace....

Note

I made this chart one and a half week ago. This is a three-weeks forecast experiment to GU trade. I had use the next 3 weeks high impact datas and my earlier analysis to this chart. I did it on 5th of May. We will see what happen.

Note

Last year close done. After two weeks, the 3-week forecast is not bad.

UnknownUnicorn507926

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.

UnknownUnicorn507926