GU opened with week with a large gap thanks to Brexit news.
It tried to fill it but only got to the 38.2% of it, then fell away hard.
But it looks to have hit a bottom for now, and should retrace some extent.
I am a USD bull and GU bear, so I am not longing, but if I were a bull, this would be THE place to start building a long position.
This long idea is a follow up to my Shorting plan, which played out almost perfectly
See my other Ideas in links below, for examples of how I use Fibs and EW to plot the road's map as we travel it.
It tried to fill it but only got to the 38.2% of it, then fell away hard.
But it looks to have hit a bottom for now, and should retrace some extent.
I am a USD bull and GU bear, so I am not longing, but if I were a bull, this would be THE place to start building a long position.
This long idea is a follow up to my Shorting plan, which played out almost perfectly
See my other Ideas in links below, for examples of how I use Fibs and EW to plot the road's map as we travel it.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
