there are 2 possible entries on this and GU IS NOT ready to go up just yet.
where the arrow points on the charts is the price that troubles me, it could prove to be a better entry and that is the reason the stop loss is bellow that lows.
i suggestion taking profit at 1rr , moving stop loss at break even and when price hits 2rr leave 10% of the position to run freelly. i think we will see a nice long run in the months to follow, why not take a small part in this.
again, this is a risky entry with the current volatility of the markets.
i still have no confirmation to take this trade.
maybe some 1hr accumulation to either entry would be good.
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