Welcome to a new Update On GU we had a strong move to the downside and yesterday a nice correctional move to the upside Monthly:
It was because of the monthly timeframe . We are currently completing the correction based on the last impulse move to the upside. Weekly:
Nice bearish Pinbar so signalize us the market will go down. This also the point why I expect it to go up first before dropping down. To collect some more liquidity. Daily:
Nice move to the upside to do some correction. Now I do expect that the price will reverse. We got some interesting levels. Fib Retracements and the Neckline of the M Formation. Choose by yourself how you are going to enter this market. There are multiple possibilities. Lower Timeframes: What do you think of this Analysis? Share your opinion of this pair below. To support the creation of more please leave a LIKE



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