GJ showing me some good imbalance between buyers and sellers.
why?
-past few days (excluding saturday) GJ has been unable to break any further to the downside.
-i see too much weakness from sellers.
- 21st Feb look how weak bears were, the candle bodies are not closing below the wick of the 20th Feb candle wick.
PLAN-
30min wait for close above my minor blue zone,
wait for retest and then execute buys with stops just below the consolidation.
why?
-past few days (excluding saturday) GJ has been unable to break any further to the downside.
-i see too much weakness from sellers.
- 21st Feb look how weak bears were, the candle bodies are not closing below the wick of the 20th Feb candle wick.
PLAN-
30min wait for close above my minor blue zone,
wait for retest and then execute buys with stops just below the consolidation.
Comment:
updated to spreadsheet