1)Price touching my h4 resistance again.
2)EMA showing a bearish signal. EMA 20 respected nicely as a dynamic resistance.
3)Seems like it's retracing to the daily trendline.
4)Candlestick showing bear is still in control.
EMA 50 cross over EMA 20, EMA 200 showing a downtrend signal.
Fibo level 23.6% respected nicely.
Break of daily trend line.
Candlestick showing bear is in control.
Expecting another lower low to form.
Monthly and Daily time frame showing GU is still in a uptrend.
EMA 21 Must be retested.
Expect the price to fall to the recent Trend line.
Aiming for another higher low to form at fibo lvl 50% or 61.8% .
Buy Limit at 1.3570 with target at 1.3820.