Trade Idea: GU

4 Tem 2021

Rly nice reversal forming on GU. We can see bigger descending chennel and a nice breakout. Dnt like the fact that price rejected this previus high but if we look structure it deffinetly did break mrh. If price comes on this strong demand zone it will form Inverted Head and Shoulders Pattern too and we know that is rlh HP reversal setup when we see inverted at the end of descending channel.