Hi traders,
So GU has hit the support on the daily channel and reversed and is now on it's way back up. I will be entering as soon as price breaks out of that black trend line on the 4hr.
If you need more confirmation then consider the fact that while on it's way down it made lower highs and lows and didn't break the purple support turned resistance lines but now it closed above the line which was the previous low
So GU has hit the support on the daily channel and reversed and is now on it's way back up. I will be entering as soon as price breaks out of that black trend line on the 4hr.
If you need more confirmation then consider the fact that while on it's way down it made lower highs and lows and didn't break the purple support turned resistance lines but now it closed above the line which was the previous low
