GU is been bullish. Weekly time frame is been pushing to 1.21959. On 4hourly chart we might expect pullback. How to know if the market will really pullback
1. Go to 15min time frame
2. Wait for the market to change structure ( to downtrend)
3. If it does then trade the first pullback after the break on 15min.
4. Manage your trade on 15min.
5. If you don't trade counter trends then wait for 4hourly chart to pullback
6.Then go to 15min chart if the market was correcting with LH and LL wait for the change of structure and trade the first pullback after the break.
Risk management is the key to succeed.
1. Go to 15min time frame
2. Wait for the market to change structure ( to downtrend)
3. If it does then trade the first pullback after the break on 15min.
4. Manage your trade on 15min.
5. If you don't trade counter trends then wait for 4hourly chart to pullback
6.Then go to 15min chart if the market was correcting with LH and LL wait for the change of structure and trade the first pullback after the break.
Risk management is the key to succeed.