Ending the week very well with a strong impulsive move down to complete a verypowerful C leg wave, we can now expect a correction wave structure. On the Weekly Timeframe analysis (which I will post below), GJ is long term short. Therefore we may be seeing the first two wave developments of a large degree bearish impulse move. Ideally we'd want to catch the third wave down, much more volatile and lucrative. Let me know what you think about GJ and it's medium to long term projections down in the comments section. If you are enjoying these setups, please don't hesitate to hit that like button. Thank you.
Let's have a blessed, safe and profitable trading week ahead.
In sync with GU shorts @ 38.2 (1.3916) / 50.0 (1.3958) retracement of wave 3 down. Sitting on my hands anxiously for now, waiting for some sort of confirmation. Great job Theto.
Theto_Morifi
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@ialvarez66, I definitely agree with the GU levels, fantastic job Ialvarez, thank you and let's keep those entries safe and clean