Gj Nice Short Opportunity
My analysis for GJ.
We Saw a Peak formation form Last week after 3 levels of rise. We saw a move up that failed to break the Peak formation high, so I belive we are currently in Level 2 in the bearish cycle.
I think we will see a nice drop down to at least the 132.50 area before seeing any significant rise. Once we get down to that level I will be looking for possible entries to go long, depending on what happens at that level.
We Saw a Peak formation form Last week after 3 levels of rise. We saw a move up that failed to break the Peak formation high, so I belive we are currently in Level 2 in the bearish cycle.
I think we will see a nice drop down to at least the 132.50 area before seeing any significant rise. Once we get down to that level I will be looking for possible entries to go long, depending on what happens at that level.
Note
We are now Over a hundred pips in profit. I will now be moving my stops to break even.Transaction en cours
I re entered yesterday 142.95. We should see a huge drop over the coming days/weeks
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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.