Here is a simple short trade set up for GJ based on the current downtrend making lower highs and lower lows on all timeframes.
I am looking for a pullback up to the prior support now resistance at 138.00
This price level coincides with the 1hr fib 0.618 retracement level and the 50ema should be around there too.
I am looking for a pullback up to the prior support now resistance at 138.00
This price level coincides with the 1hr fib 0.618 retracement level and the 50ema should be around there too.