We are currently in a very strong resistance area, price will test the support soon, Long positions can target 1.1250 , 1.1270, 1.1300! Goodluck
Over sold market/Strong resistance area on the Daily and 4h Charts.
My First Post on this website Feedback Would be apreciated My analysis, for the upcoming days;. We Start With The Major Resistance level (1.36-1.35) that stopped GU from Climbing higher. Second bounce happened 2 days ago after trying to break this major resistance level, similar bounces happened before which led to a big fall. Using the Fib retracement tool help...
Chart : 15 minute Entry Point: 1.3406 ( SELL STOP) Take Profit: 1.3367 Stop Loss: 1.3420 You can SELL Manually if the price corsses 1.3385 From above. Goodluck.
Oversold, Holding on Daily Pivot + Fib level 50%, Our target from here is 1.347, Will Stop Loss if price reach under1.339.