Pullback to 138.50-138.30?
Let's have a look on GJ. Don't forget to check my previous post about GJ . That one was brilliant!
According to my post about GU today I looking for large pullback so according to correlation on the markets - GJ should also crate a deeper pullback before continuation to the upside...? Have a look on daily timeframe. How many wicks do you see? Is it a signal for you to start short?
Me personally more YES than NO! Golden rule for everybody - just remember the nature of the market and trading will be much easier for you!
I have mentioned that level when we got a lot of wicks rejection, psychological level for a lot of retails and institutional traders. It is not a trend change for me but interesting area to create some pullback to 138.50-138.30 and to make some decisions. So let's see how this will play out!
According to my post about GU today I looking for large pullback so according to correlation on the markets - GJ should also crate a deeper pullback before continuation to the upside...? Have a look on daily timeframe. How many wicks do you see? Is it a signal for you to start short?
Me personally more YES than NO! Golden rule for everybody - just remember the nature of the market and trading will be much easier for you!
I have mentioned that level when we got a lot of wicks rejection, psychological level for a lot of retails and institutional traders. It is not a trend change for me but interesting area to create some pullback to 138.50-138.30 and to make some decisions. So let's see how this will play out!
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.