All analysis on the chart.
*WARNING. This is a pair for which long term, I am bullish. However, I believe we could snag a 1:2 or 1:3 Risk Reward on this pair by playing the short term sells.
From this retrace, I will be entering LONGS for GU. Why not try to grab both directions, a short term short right in to a long term long!? Other than the fact that it brings a lot of risk I suppose.
Happy trading