DBB MULTI TIME FRAME ANALYSIS WEEK 1
Based on the 1H chart. GU is already out of the sell zone.
Based on the 4H chart. GU is already out of the buy zone and retest a resistance which to me based on 4H we should probably sell GU.
Based on 1D chart. GU is still in the Buy Zone and probably gonna retrace till the buy zone support level probably around 1.35040.
Thus to me probably GU is in selling mode. However, you guys may trade based on price action. No analysis always get 100% accuracy because when we trade we are looking the price reaction at a certain level. Safe trade and good luck.
Based on the 4H chart. GU is already out of the buy zone and retest a resistance which to me based on 4H we should probably sell GU.
Based on 1D chart. GU is still in the Buy Zone and probably gonna retrace till the buy zone support level probably around 1.35040.
Thus to me probably GU is in selling mode. However, you guys may trade based on price action. No analysis always get 100% accuracy because when we trade we are looking the price reaction at a certain level. Safe trade and good luck.
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