JOE has agreed on a price target range of 1.07-1.11 based on three major-to-minor trends.
Note: Observe that an interesting accumulation pattern and the liquidity line at 0.28
after JOE has completed its downtrend correction, as shown in the graph
Please be careful of the long upper/lower shadows behavior from JOE.
Trade safely!
Note: Observe that an interesting accumulation pattern and the liquidity line at 0.28
after JOE has completed its downtrend correction, as shown in the graph
Trade safely!
Comment:
One should wait and possibly consider for a long postion after it reaches 61.8 retracement.
Trade closed: stop reached