Hi All,
I'm currently selling 2 positions for GU from 1.39750
Major resistance level of 1.40 was respected and started it's bearish run from end of last week
I'm now seeing GU floating between resistance and support levels.
Price is currently tapping a liquidity grab area that pushed back into the key resistance area.
I'm anticipating a strong New York session to break the recent lows and continue the bearish momentum.
TP - 1.38000
Will take partials around 1.38500
I'm currently selling 2 positions for GU from 1.39750
Major resistance level of 1.40 was respected and started it's bearish run from end of last week
I'm now seeing GU floating between resistance and support levels.
Price is currently tapping a liquidity grab area that pushed back into the key resistance area.
I'm anticipating a strong New York session to break the recent lows and continue the bearish momentum.
TP - 1.38000
Will take partials around 1.38500