In yesterday's analysis, I expected GU to have further continuation towards the upside, which is exactly what the market performed. In today's trading session, I will remain bullish bias and use 18ema & 50ema to guide my long entries in this scenario where there's no static S&R zone. Be cautious of potential pullback as the RSI is at an extreme overbought condition (75+). As long as the momentum shows continuous upwards flow, will be looking for short-term buying opportunities with dips.
Do not forget the overall trend on the higher timeframe remains bullish.
Trade safe.
Do follow my profile for daily fx forecast & educational content.
Do not forget the overall trend on the higher timeframe remains bullish.
Trade safe.
Do follow my profile for daily fx forecast & educational content.
Kommentera:
Previous analysis
