- GJ has created a head and shoulders pattern on the 4-hour timeframe. - GJ has created a doji on the weekly timeframe, displaying signs of a reversal. - GJ hasn't had a daily pullback in 21 days, it's overdue for a higher timeframe retracement. - The JXY has created a double bottom, showing signs of strength.
I believe GJ will be bearish for the next week or two, my bias is sells.
Let me know if you agree or disagree in the comments.
Trade active
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Please be aware that this is a swing trade opportunity, you might have to hold this trade for 1 or 2 days.