I hope you're right but we bounced off the Kijun Sen (maroon...

I hope you're right but we bounced off the Kijun Sen (maroon line) last week which is considered bearish. The arrows show every time GXY has bounced off the Kijun Sen she has turned bearish.

I think we will make a new low for the year on Monday before recovering towards the end of the day.

I hope I'm wrong.

The long term trendline could provide support & the descending wedge pattern (bullish pattern) is still in play.