1. There is this beautiful Supply Zone at the Drop Base Drop area above and I am looking forward to taking a short position at 1.23168.
2. I reckon that GU would be making its move up toward the Supply Zone.
3. If you are looking for a trade, a long position would be relevant at this point.
4. However, a clear confirmation has to be considered before any trade is taken.
5. Let's see whether the price is in line with the analysis here.