GU down to 1.36 before bounce?

1 במאי 2018

I have been short since a we started dropping from the top.
The end of 5 orders of magnitude of wave 5's was a clear top.
GU may fall for another 3-6 months straight.
But for now I am mostly out of shorts, wee bit still riding to 1.36 hopefully.

Thanks to the fundamentals, we might have a little more room to the down side.

This is a followup to the previous trade plan:

1 במאי 2018

עסקה סגורה: היעד הושג

OK, final target reached.
Closed all shorts for now.
Will plot a retrace to short.

It may fall some more, but are not stretching it, so will wait and see