DWoodz

02:56

DWoodz

So we have come to the end of the week and the news from NY session yesterday kept price from moving bullish with the structure. Ultimately price is bearish but they need to go break the highs first before flipping to bearish. Maybe that break can happen some time between now and Monday. The end of the Month is next week so I'm sure something crazy could end up...

02:58

DWoodz Updated 

So if you been following my post I been bearish on GU pretty much all month looking for entries on a bear move. Price broke structure with GBP news today and started pushing up. Looks like they are looking to take out Highs first before going full on Bearish. So waiting for news tomorrow to see if it wants to finally confirm it wants to go bearish. So for now I'm...

02:03

DWoodz

They got us good with that GBP new flipping to bullish for the session. Now looking for a break of the Monthly High before price could go bearish.

01:43

DWoodz

We don't have a complete breakout on the H4 Just yet but its coming. Price has moved very strong to the downside. we will be looking for further positions to continue.

01:29

DWoodz Updated 

Everything is in place for GU to start moving bearish. At this point we wait for London session and look for all the stars to align.

02:18

DWoodz

This is a area I have been stalking for a sell. Looking to see how price reacts here and if we can find a entry for a nice swing position.

06:14

DWoodz

This past week I flipped to Bearish on GU. But as we came into Tuesday they decided to pull back on the price. This week I'm and surely going in Bearish. This is a premium set up for a nice swing to the down side.

02:22

DWoodz

GU has been building up for this drop all week! Closely monitoring price for London open as we have GBP news just before open and USD news just before NY open. I'm thinking we should get a nice swing move to break the low that was created this week.

02:07

DWoodz

GU is finally approaching a zone that I have been waiting to see it react to. The Dollar is very bullish so I'm expecting to get a nice sell opportunity in this area. To see it moving bullish now during Asian range it builds my anticipation for seeing some bearish action for London. Sitting on hands for now.

01:33

DWoodz

Now GU has shown us that it is ready to move bearish. Now looking for a decent pull back for entry on a position. Hoping that we can get for London so a possible nice Sell opp coming for NY session.

01:32

DWoodz

Everything lines up for a great sell opp. But I need to see a nice pull back for entry and a high made mid week in order for me to be interested in selling. Im watching orderflow and all is lining up so far. Will wait for news before pulling trigger.

01:57

DWoodz

So holding my position riding price down. Stops moved and looking for signs that it will continues just where its at. A lot of news coming up so it will for sure be a eventful week.

03:04

DWoodz

This is a moment I've been waiting for. As I have been monitoring GU On the Yearly chart looks like price spent all of 2023 Retracing and 2024 will be a very Bearish year. So we are starting off the year right getting in to move with the trend!

04:30

DWoodz

We are now 2 weeks in on the new year and as the major players come back in to the market it looks like they spent the first 2 weeks of the year accumulating orders to go bearish. As we come into the new week we are looking for more signs that price wants to go bearish now.

02:55

DWoodz

GU was a bit rotational this week but we still managed to obtain so solid moves. Not bad for a Friday today. Will continue to monitor price for quality set ups next week. Being that we are coming into Mid Jan it looks like the market is ready to shift back to normal.

02:06

DWoodz

Now that we have a break of last weeks high I feel that GU is ready to change direction in the trend and flip to bearish. As we finish out Asian range I'm looking for signs that it wants to flip.

02:49

DWoodz

Looking for GU to Pop up during this session and make a high for the week. Taking out the old highs. This would be a great opportunity for a sell. Monitoring the Order Flow to see if price continues to support the idea.

02:25

DWoodz

As we continue to monitor GU we are looking for signs of a reversal. Price can flip and go bearish at any time now. So we are looking for a high to be made for the week first so that we can start looking for signs price wants to shift direction.