DislikedGU bounced off the 50% fib to the pip at 1.4382. Now it's ranging between the 4H 50ema and this 50% fib level. I'm not sure which way it'll break. GU is very bearish as it is still trading below the daily 50 ema but then 1.42 is acting like a brick wall support so I really don't which way it will go. I'm just waiting and hoping for GJ to retrace again and reenter long. I'm dip buying my way to riches.Ignored
I think a 4hr retrace to the 5-sma is also due.
Darn...still tied to these indicators lol.