Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1:
1.38000 is a key level area and is holding as a strong support for GU in Daily timeframe . Even bearish is in control right now, but there's still potential upside movement for GU, for intraday trade i'm targeting 1.39000 level
Trade scenario 2: To take short position we would like to see a new LL and then new LH/retest of the support become resistance zone to have a good RRR
4hour Trend: Bearish
Trade scenario 1:
1.38000 is a key level area and is holding as a strong support for GU in Daily timeframe . Even bearish is in control right now, but there's still potential upside movement for GU, for intraday trade i'm targeting 1.39000 level
Trade scenario 2: To take short position we would like to see a new LL and then new LH/retest of the support become resistance zone to have a good RRR