i've TP all my short positions and started buying
once price hit BC 2.618 CIRCA 1.22300 -1.22200.
so, let see if this is just a pullback and price will revisit 1.22000 and also the lower support areas.
or rather this is the beginning of the new bullish run for GU. Just a simple bullish ABCD setup, no gartley no bat to join the fun.
anyhow, it is also good to note down that price already hit BC 0.618, 0.618 AB=CD @ Daily Chart.
A good D leg estimates, making it a Bullish 0.618 AB=CD setup@Daily.
so, there's nothing wrong with buying GU now, as long as i'm happy about it.
actually, if the fib ratios were in harmony, i'll be buying dips and selling rallies till kingdom come.
bias wise, still bearish. price is still below 200sma. but, i'll be buying n selling none the less...
once price hit BC 2.618 CIRCA 1.22300 -1.22200.
so, let see if this is just a pullback and price will revisit 1.22000 and also the lower support areas.
or rather this is the beginning of the new bullish run for GU. Just a simple bullish ABCD setup, no gartley no bat to join the fun.
anyhow, it is also good to note down that price already hit BC 0.618, 0.618 AB=CD @ Daily Chart.
A good D leg estimates, making it a Bullish 0.618 AB=CD setup@Daily.
so, there's nothing wrong with buying GU now, as long as i'm happy about it.
actually, if the fib ratios were in harmony, i'll be buying dips and selling rallies till kingdom come.
bias wise, still bearish. price is still below 200sma. but, i'll be buying n selling none the less...
