GU has been making its way to a 4H/Daily supply zone for some time now. Scaling down, GU has retraced to a 2 4H demand zones then gapped up for a market structure shift (change of character). I’m waiting for the gap to be filled, thus rebalancing the market, then looking for another market structure shift (change of character) to take price back up to the swing high
Multiple Time Frame AnalysisSupply and DemandSupport and Resistance

Penafian