GU update 4 hour chart
This is what we are after. The chart says it all. We will most likely complete the pattern.GU 4 hour...
Read MoreThis is what we are after. The chart says it all. We will most likely complete the pattern.GU 4 hour...
Read MoreAccording to the 1 hour and 4 hour charts, the GU still has a ways to go short.GU 1 Hour Looking at the 1 hour chart, we see price has formed a head and shoulders pattern and also a bear flag with targets residing at 1.4865 and...
Read MoreGU Daily ChartI have mentioned the daily targets quite often over the last week or so. Price has tested the 1st daily target (head and shoulders target) of 4900. The next port of call is the daily bear flag target of 4650.GU 1...
Read MoreLast night we were able to snag some pips from the GU long hoping to fill the gap although the gap wasnt quite closed. We were also able to snag some GJ pips this morning.The GJ and GU broke below their 30 minute trendlines and...
Read MoreWe were able to book some nice pips on the last leg down on the GU on Friday. We had a pretty good week overall. MONTHLY CHART: We are at a crucial point on the GU monthly chart. If price closes the month above the 5303 area...
Read MoreWe were able to book some nice pips on the last leg down on the GU on Friday. We had a pretty good week overall.MONTHLY CHART: We are at a crucial point on the GU monthly chart. If price closes the month above the 5303 area then...
Read MoreJust as expected, we played the bear flag pattern for 100 pips. We decided to take profits and wait for a pull back to possibly enter again aiming for the bear flag target.Its very possible to test the TL before more downside...
Read MoreSince tomorrow is the last trading day of the month, lets review what is and what could be. First, looking at the monthly chart…Price is sitting just below the 23.6 fib as shown in the chart. A monthly close below there...
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