Hi, everyone
Per my previous analysis, GU has reached my first TP at current level before market closed last week.
From H4 timeframe, we are expecting some minor consolidation before it keep going down till 1.27100 where is both the trend channel and daily support zone. Target might reach by today or maybe early this week.
After we reach the target, we should move to D1 or weekly timeframe to monitor if the trend will continue down or reversing. Good luck with the coming week guys.
Per my previous analysis, GU has reached my first TP at current level before market closed last week.
From H4 timeframe, we are expecting some minor consolidation before it keep going down till 1.27100 where is both the trend channel and daily support zone. Target might reach by today or maybe early this week.
After we reach the target, we should move to D1 or weekly timeframe to monitor if the trend will continue down or reversing. Good luck with the coming week guys.