GU hitting a very familiar and well tested resistance today in the early morning 5:00GMT, i imagine by london open we will see the beginning of a movement to the downside as we see a sell off to break the rising wedge. One hour chart also sees a double top movement addition to hitting the 200ema (4HR Time Frame) signalling further reason to short.
GU hitting a very familiar and well tested resistance today in the early morning 5:00GMT, i imagine by london open we will see the beginning of a movement to the downside as we see a sell off to break the rising wedge. One hour chart also sees a double top movement addition to hitting the 200ema (4HR Time Frame) signalling further reason to short.