Watching GJ carefully for potential selling opportunity
Analysis:
Monthly resistance down trend angle
86% Fib daily pullback
Daily resistance
inner counter-trend line break
did not enter yet, waiting for sign of strength for sellers. Waiting for outer trend line break bearish.
SL - above daily zone
TP - around price 155.069
Analysis:
Monthly resistance down trend angle
86% Fib daily pullback
Daily resistance
inner counter-trend line break
did not enter yet, waiting for sign of strength for sellers. Waiting for outer trend line break bearish.
SL - above daily zone
TP - around price 155.069
Comment:
Still holding my position, if resistance fail I will exit my trade. Boy is GJ being stubborn!
Comment:
GJ forming a wedge, with RSI divergence. Excited to see if sellers can take control. Still holding my position
Trade closed: stop reached:
Despite ALL the signs for GF to sell-off it ended up stopping out
TP - 152.256
SL - 155.081
5.0 Lot size