Invalidation : 1.38595
will update on lower time frame for sell opportunity.
Invalidation : 1.417
We only interested breakout of trend line (ii) - (iv) / breakout of 1.24181 resistance to start buy this pair. Invalidation : 1.22476
As long as (a)-(c) trend line holds, we favor bullish with invalidation at 1661.220 Hopes it helps !
Yesterday strong upper thrust suggest wave 3, but price stall and dropped heavily while changing the count, favor to bearish. Failure to break 135.465 , we suggest ((b)) wave is already completed. Invalidation : 135.465
Broke up the long channel. We suggest more upside for GJ Invalidation : 131.910
After failure of breaching 1.3997 , we suggest support found at 50% of wave ((iii)) ; end of wave ((iv)) We biased buy with stoploss / invalidation below 1.390 ; pre target @ 1.46 Hope you guys get some ideas. Thank you.
After failure of rising above 134.72, GJ continue to fall slowly. Looking at Leading diagonal formed as five waves, we assume this pair will be bearish at least fifty percent of High low 134.72 / 124.11. Selling pressure assume will end at 129.3 before looking for price action on buying opportunity.