Following up with yesterdays Analysis, GJ is continuing its retest around the $136.72 level. If price manages to close above that level, then I predict price spike to $137.00. To back up that idea I spotted a possible triple bottom formation.(Marked On Chart)
Furthermore, price has been wicking out at that same level ($136.72), which shows a possible bearish scenario. For added bearish confluence, their was a recent 3 pin formation formed.(Marked on Chart) First minor level of decline would be towards $136.40.
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Furthermore, price has been wicking out at that same level ($136.72), which shows a possible bearish scenario. For added bearish confluence, their was a recent 3 pin formation formed.(Marked on Chart) First minor level of decline would be towards $136.40.
Thanks For Reading My Analysis
All Likes & Comments Are Appreciated!
