GJ has not done what we wanted last week. The 155.500 level got touched and rejected, the 2 long positions I've took gave me a total of 70 pips, so we got our first target of 155.750, but the 156's were too high for now. On the daily and weekly charts gj looks for a pullback, bearish for now. Also the fib levels all got disrespected before the pullback that is going to happen. The pullback I expect is to 155.300.
In conclusion, I will wait for pullback to 155.300 for a retest followed by a rejection. Hopefully that rejection and this move will begin during asian session in the upcoming 4 hours.
So short GJ to 154.769!
In conclusion, I will wait for pullback to 155.300 for a retest followed by a rejection. Hopefully that rejection and this move will begin during asian session in the upcoming 4 hours.
So short GJ to 154.769!