We are at the end of the month and due for a correction. Price continues to hit 1.89250 and reject. I predict price to drop down near weekly open by Tuesday then a continuation to form a new high of the week. Please let me know your thoughts.
GA broke out of its downward channel two weeks ago and is still trying to gain its momentum to the upside. I would like to see GA form some sort of stop hunt to the low before I enter a buy. Price reaching 1.805 would be ideal but, I will be reactive nonetheless... (hence all of the alerts, haha) let me know your thoughts in the comments below.
GA is in a serious consolidation zone I would be extremely careful while trading this pair at the moment. 1.83-1.84 seems to be a serious zone of resistance I'm expecting a drop to at least 1.77 making an inverted head and shoulders on the daily. Its just a matter of when. Let me know your thoughts in the comments below.
GU rejected the 1.28 zone for three days straight. If you take a look at my previous post I illustrate that GU is in a second push down on the daily. I see GU retesting 1.27750 and heading down to 1.22. Let me know your thoughts in the comments below.