Lo 209.59
Resistance at 1hour 200EMA at 210.8, next at ~213.4 (1day EMA55)
Support at ~209.5 than ~206.8 (Fib retracement from 1 day chart)
To enter high, it will be good to wait for the price to clear EMA200 at 210.8, that is enter at 210.8+0.25 = 211.05, TP at 212.05, SL 210.05
For Low enter at 209.59, TP 208.59, SL at 210.59
Mistake, mistake (added at SGT2000hrs)
As I check the daily fib retracement, a support line was at ~209.0. That means that the short limit order should be place below that.
The short limit order, was filled at 209.59 and the retracement at the support 209.0 was made. As such, any possible chance now was to close the order and hopefully take some profit
GU strongly supported at ~1.9475.
Resistance for breakout at EMA100 1 hour chart at ~1.9525, before meeting another resistance at EMA200 (1 hour chart) at ~1.965
Should support be broken at ~1.9415, GU will create a new low. However on the daily chart, using the CCI signal, GU showed sign of a upward movement. Give another day or so, before confirming any long position.
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