Sells opporunity for GU

We have simple yet basic price action indicating possible shorts for GU and the confluences are
1. We have price in a downtrend
2. Price broke structure previously, retested and fell
3. Price broke minor support structure which currently is retesting

if price respects and closes bearish from 1.296207 we can possibly see price head towards the next area of structure 1.25200
Trend Analysis

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