GU is ranging for quite sometime now. We are currently at the resistance where the market tested it multiple times and we want to see a clear bearish candlestick pattern on lower timeframe before going short. But if momentum shifts and it breaks above our bias would be long to target the next 4h POI (point of interest). So as of now our bias is still short and...
We can clearly see a break of structure on the previous resistance of the market. A strong bullish candle that breaks that structure. Now we are currently looking at the 4hr POI ( point of interest) to see if it can breaks it or rejects it. Our bias is still bullish so we want to enter on the 1h order block where it was the last footprint of the market before...