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:
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