After studying GU for quite a while, I know what to expect, a fakeout is possible at this point, to make the 3rd touch of the Trendline of the new downtrend that started last Friday, looking to go short at that level with rejection, or a candle closure in my direction. This is not a financial advice, practice proper Risk management
GU analysis projection, looking to go long here if the opportunity produces itself at the low of the week and the Trendline below, the buy won't be for long because the overall trend is down. We will be shooting above at the touch of the high of the week and also the high of the week. Proper Risk management should be applied always.
