Hey traders! Happy Saturday to everyone! Hope you are doing well!
Let's remind our last week especially on GU. Zone 1.3000-1.3025 was very strong for me. My main target was pretty far and price didn't get that region. Anyway we were 2% profit (trailing stop) and I am happy with that. What do we have now? Our main support/resistance region was broken, and correction was already retested it. On the 4H timeframe I also see the inverse H&S pattern and the price is telling me that the uptrend should continue. Anyway when the market will open - we will react! Hope the price will get to 1.3300 region
Let's remind our last week especially on GU. Zone 1.3000-1.3025 was very strong for me. My main target was pretty far and price didn't get that region. Anyway we were 2% profit (trailing stop) and I am happy with that. What do we have now? Our main support/resistance region was broken, and correction was already retested it. On the 4H timeframe I also see the inverse H&S pattern and the price is telling me that the uptrend should continue. Anyway when the market will open - we will react! Hope the price will get to 1.3300 region