1. Momentum is bearish. 2. Key swing highs have been broken, price was rejected at the equal highs,i think price retraced back to create a swing low, then seek liquidity at the equal highs and trade through the equal highs. 3. Price is seeking liquidity to the Fair Value Gap, coupled with 79% fib level, key level 1.30750. 4. Sentiment is bullish, therefore i am expecting price to trade through the equal lows. 5. I am expecting dollar index to pullback,price is a bearish orderblock which is also a fair value gap.
Note: I will only be looking for shorts on GU this week, while submitting to OTE(time and price)
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