I think GU is currently in a wave 3 and is now in an ABC correction. If price bounces off a fib level(50%,60% or maybe 70%) it is a likely indication that the wave C of the correction is over and the wave 3 will continue upwards. Remember to watch price action and only enter when you're most certain that price is respecting and bouncing off a fib level. #OPINIONLEADER#
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.
Like this article? Show your appreciation by sending a tip to the author.
Leave Your Message Now