Yesterday price pushed to to the -23.6 and 161.8 fib profit targets from recent moves. This was also right around the most recent high to low 78.6 fib. There's obvious selling pressure/profit taking from these levels currently.
This is my plan for the future depending on which pathway it decides.
I have a swing position I'm holding from 148.40s, but I've already secured first target profits and trailed the stoploss into profit, so no matter what happens that is a winning trade for me. Additionally, I'm short on my day trading account from 150.60s, also a winning trade as I've acquired 1st targets and rolled to breakeven.
The higher timeframe is bullish for me still overall based on the past few weeks and break of the 148-149ish resistance zone, but is GJ ready to push to new highs? We'll see.
This is my plan for the future depending on which pathway it decides.
I have a swing position I'm holding from 148.40s, but I've already secured first target profits and trailed the stoploss into profit, so no matter what happens that is a winning trade for me. Additionally, I'm short on my day trading account from 150.60s, also a winning trade as I've acquired 1st targets and rolled to breakeven.
The higher timeframe is bullish for me still overall based on the past few weeks and break of the 148-149ish resistance zone, but is GJ ready to push to new highs? We'll see.
Trade active