GJ is basically doing the same exact 7 swing pattern you see here in the larger picture. As of right now it has extended enough within this smaller pattern and is on the way down. Personally I like to see them spike up into that zone and I have an alarm set at green line. So, it can come down from here but I need better confirmation being GJ personally speaking. I want to see what it does at that high that I put the ray line within this diagonal, we don't even have a 4 hr engulfing candle yet. 4hr TDI has turned down but I can see more room up on daily, but it can pull down quite a bit from here. I will just need to do a video to properly explain this one, but very nice sell, just don't have confirmation yet.
Comment:
I hope you guys saw that beautiful sell setup this morning. EJ also...Could have a nice take and then let some run in profit see if you got it. Want to trade the break of the smaller consolidation for risk purposes though.