see chart for details. in addition - GU has had the tendency to stay below 50Ma for the last couple of days, so my SL goes just above that GL
see chart for details - EJ is in a downtrend and recently broke thru resistance at 127.7xx. this has no been retested and further down trend can continue. SL at top of recent bounce, and TP at weekly trendline and pivot S3 confluence, around 123.350 good luck!
GU is in a downward trend and has recently been rejected for a breakout. on the 1hr a H&S has formed, and is about to punch thru the neckline. Short with TP1 at next resistance and stops just above the right shoulder. Good luck!
top of the channel,price action at lower time frames is bearish. RSI and Stochs show oversold - nice longer term short opportunity. stops go just outside the channel. TP1,TP2 and TP3 associated with fib levels of the last major swing.
confluence of longer term trend and support lines with a short term trendline could be reason for a nice bounce before downtrend continues. appreciate comments or thoughts to support, or tear down, the idea!