I am expecting this move to happen. GU is rejecting the daily structure in 4h timeframe. It will go up to create a lower high on 4h timeframe. When it comes back to that level if it creates a double bottom, inverted head and shoulders, any signs of momentum change i will long. Until i will look for shorts. It can break this level and retest as well. Possibilities. Will react.
Comment:
invalid. Price passed the area i marked for small short without showing any weakness. Posted a new idea. No rules = no entry