hi Dan
i would love to hear your comment about GU .
ON WEEKLY sellers failed twice in a row to push it lower as per attached chart and buyers seems up to take control .
on daily we have we had a hammer 3 days ago and GU is going up to meet the descending trendline at 1.53 area .
as per your way of trading ( witch is the same as mine
) but still i believe u are better than me . would u think of shorting it at 1.53 or u will wait for a kind of price action .at the trend line before shorting it , or u will not be thinking of shorting now because of these 2 pin bar on weekly ??
regards
samer
i would love to hear your comment about GU .
ON WEEKLY sellers failed twice in a row to push it lower as per attached chart and buyers seems up to take control .
on daily we have we had a hammer 3 days ago and GU is going up to meet the descending trendline at 1.53 area .
as per your way of trading ( witch is the same as mine

regards
samer