There Are Two Scenarios On This Chart The First One Being Waiting For Price To Break The Resistance Zone For A Bullish Movement. Second One Being That The Price Rejects And Continue Heading Downwards For Another Touch On The Trendline For The 4th Time Either Validating A Breakout
Or Continuation For The Uptrend.
Price Broke The Major Trendline To The Downside With Last Week's High Not Taken Out So We Have More Reason To Believe That EU Is Headed For Bearish Directional Bias.
GU's Price Have Broken Our Major Trendline To The Downside Validating A Bearish Directional Bias. So Now We Are Waiting For The Price To Either Retest On The Major Trendline Or The Resistance Level
