Could GJ make it to the weekly high?
Hi Y'all! Welcome back to my page for another GJ analysis. Let's get into it!
On the Daily, I can see a pattern where GJ will keep moving up levels after a big drop making higher highs and lower lows. GJ stopped at the last Bullish Order Block, but has not closed below which indicates to me that GJ may not be ready to go lower right now. IMO, GJ is getting ready for another push up. The next target would be around 190.000. This will bring us right below the past Weekly high.
With this being said, If the CHOCH pattern is valid- here are my Entries, and TPs.
Entry: 182.850/183.000
TP 1: 184.000
TP 2: 185.000
SL: 182.100
Good Luck!
*DISCLAIMER: I am not a financial advisor. The ideas and trades I take on my page are for educational and entertainment purposes only. I'm just showing you guys how I trade. Remember, trading of any kind involves risk. Your investments are solely your responsibility and not mine.*
On the Daily, I can see a pattern where GJ will keep moving up levels after a big drop making higher highs and lower lows. GJ stopped at the last Bullish Order Block, but has not closed below which indicates to me that GJ may not be ready to go lower right now. IMO, GJ is getting ready for another push up. The next target would be around 190.000. This will bring us right below the past Weekly high.
With this being said, If the CHOCH pattern is valid- here are my Entries, and TPs.
Entry: 182.850/183.000
TP 1: 184.000
TP 2: 185.000
SL: 182.100
Good Luck!
*DISCLAIMER: I am not a financial advisor. The ideas and trades I take on my page are for educational and entertainment purposes only. I'm just showing you guys how I trade. Remember, trading of any kind involves risk. Your investments are solely your responsibility and not mine.*
On to the Next!