Hi guys,
{I'm looking at GU atm. I see a pennant forming on M5 and I have a major res at 1.6425-1.646. PEnnant would tend to indicate continuation North, possibly to test R. Oly i am already at R2 daily pivot and tails of candlesticks on M15 suggest a move downward.
Are we at consolidation or possibly exhaustion of supply? Any help welcome
Thanks
sorry no chart as slow internet
{I'm looking at GU atm. I see a pennant forming on M5 and I have a major res at 1.6425-1.646. PEnnant would tend to indicate continuation North, possibly to test R. Oly i am already at R2 daily pivot and tails of candlesticks on M15 suggest a move downward.
Are we at consolidation or possibly exhaustion of supply? Any help welcome
Thanks
sorry no chart as slow internet