Right now GJ is still consolidating... I still see GJ pushing to the downside... Daily's Fibs show no matter if price is going to continue to the upside for an uptrend of the Daily or downtrend for the daily... I still see 140.777 getting hit.
GJ is now a clear downtrend when it comes to the H4 TF... Just right now in a hold up... Lets see how long it will take for the small retracement to finish for the continuation to 140.777
GJ has been a downtrend on the Daily TF for a while now. The market has been on a strong retracement to the upside on the H4 TF. After pulling out my fibs I see price is currently at 61.8%. Scrolling down to the M30 TF I see that the market has found a level of support that I believe will be broken. After pulling out fibs from the HH to the L on the M30 I see...
As you can see in this 4 hour view, market is forming a pennant/falling wedge, this happens to be a breakout to the upside so i expect market to breakout on top. Not mentioned in the video is the fact that market is currently forming a rectangle channel within the pattern formation and this is a sign of breakout soon to occur, highly expect a breakout this...