GU looks bullish on the daily chart that means it finished correcting and heading to the upside to finish wave 5 of B.
im looking to trade wave 3 of 3 "yellow" so with that said imma be waiting for
4h; confluences as a clear correction/pullback to a fib level matched with strong daily/4h S/R
_schrinking candles/ some rejection candles and a bullish engulfing candle
1h; break of structure
ema's crossover
stops; bellow previous swing
target; depends on you
keep in mind
managing risk and thinking of probabilities is way important than the outcome of any trade
have a good trading week.
im looking to trade wave 3 of 3 "yellow" so with that said imma be waiting for
4h; confluences as a clear correction/pullback to a fib level matched with strong daily/4h S/R
_schrinking candles/ some rejection candles and a bullish engulfing candle
1h; break of structure
ema's crossover
stops; bellow previous swing
target; depends on you
keep in mind
managing risk and thinking of probabilities is way important than the outcome of any trade
have a good trading week.