I'm Looking for GBP/JPY to break my trendline and test support. My confirmation would be if it creates a HigherLower taking out the previous high if my terminology is correct taking out all the stop losses for people who thought the price would continue to buy. Once price does that I will wait for Buyers and Sellers to make a decision and buy up from support....
I'm Looking forward to JNJ to Break my Trend line to test support and match price and in the past. If so I would catch the sell down to the support and wait for a possible entry on a Long Term buy. If the price doesn't break my trendline I will catch the long term sell down once it tests resistance. Worst case scenario price could keep selling down once it gets...
We got a head and a shoulder formation.
Now we move into a gartley formation, we just need to the D point on : 1325.652.
Targets 1 : 1319.059
Targets 2: 1317.501.
Rsi, was oversolgt, and now will move up.
Gartley bullish on the weekley time frame.
We must not go over 1376.380, when it will be unconfirmed.
