Intra day short position on GU, based on the rising wedge pattern and price rejecting 4h resistance at 1.4170.
Stops above the last 1h bearish candle that broke the wedge and target is the 1h support level at 1.4018.
Risk reward 1:4
0.5-1.0% risk.
Stops above the last 1h bearish candle that broke the wedge and target is the 1h support level at 1.4018.
Risk reward 1:4
0.5-1.0% risk.