Looks like GU will still be LONG.
Support at the bottom of the pattern, matches with upwards trendline and previous structure.
Price action may retrace down to 618 fib level before moving back up to either its previous resistance or the 1.272 fib ext level (which is also match by previous resistance). What are your thoughts?
Price action may retrace down to 618 fib level before moving back up to either its previous resistance or the 1.272 fib ext level (which is also match by previous resistance). What are your thoughts?
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