Earlier this week I posted the GU short term short trade idea for the corrective move after last week's 5 wave leading diagonal
impulse move. With the fail to successfully retest the neckline of the double top formed within the leading diagonal, this is a
confirmation signal to me that the correction has been completed and now a continuation of the uptrend is nigh. Price
also appears to be traveling within a bullish channel, also encouraging looking for long opportunities.


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Targets:

1.29000
1.30000

These targets are projected as possible third wave ending levels. It will be interesting to see how this plays out.

עסקה פעילה
תמונת-בזק

Pending order triggered
הערה
תמונת-בזק
SL placed below invalidation level
הערה
תמונת-בזק

Moved SL to break even
עסקה סגורה: היעד הושג
תמונת-בזק
Target 1 reached
Elliott WaveFibonacciParallel Channel

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