- GU did not bounce back first, but collapsed in the first week to 1.1845, then on the D1 timeframe appeared a strong bullish Engulfing candlestick showing a market reversal and helping GU close the candlestick with an upward W1 => the probability of GU recovering continues to be very high.
- This week we will wait for GU to have a test of around 1,200, then wait for a reversal signal to appear on the H4 timeframe, then we can enter a Buy order with the target target of 1,220 for the Week frame.
Command reference:
Buy 1,200
SL 1.195
TP1: 1.210
TP2: 1.220
