For the last week, I've been eyeing the relative equal lows established over the last 3 weeks at around the 1.1900 level.
Over the course of yesterday and Friday's close, an obvious resistance level had been established at 1.2048. My plan was to wait for a raid on the orders lying above this level before it's brought down. I've also noticed that GU likes to retest the 30 minute candle. The top yellow line in my previous screenshot is the low of the last 30 minute candle of the swing on 1st March at 12:30 UTC.
Over the course of yesterday and Friday's close, an obvious resistance level had been established at 1.2048. My plan was to wait for a raid on the orders lying above this level before it's brought down. I've also noticed that GU likes to retest the 30 minute candle. The top yellow line in my previous screenshot is the low of the last 30 minute candle of the swing on 1st March at 12:30 UTC.