GU, final bearish move until push up to 1.35000

8 Mar 2019

GU has currently been bearish all week, after a strong move to the upside the previous week. I believe that this is the last bearish move before shooting up to 1.35000. GU is about to touch the lower TL for a 3rd time, correlates with golden fib extension, and also a S&R/key level area at 1.30000. Will wait until Monday for further confirmation, or until upper TL is broken.