Price is ready for breakout to continue uptrend. Clear sense of direction on higher time frame with big push up and Highs and lows. Monthly and weekly is a big "W". An indicator I like to use is the 200 Bollinger band to get a sense of when a big move is going to occur from the squeeze of the bands. There is a squeeze on the weekly chart so expecting GJ to make a huge run these upcoming months. It is currently at the top of the band getting ready to breakout. If you look at the bands on the 4H you will also see that there is a tight squeeze there as will. Indicating a big move will occur for a breakout. Knowing that price is in an uptrend and is on its way to next Fib TP level this is a good time to swing trade and compound your account.
