Hello Traders!
CJ is in s small range cycle. This allows us to now hunt and look to catch a large range cycle move.
Price as formed a swing low formation below the monthly open. I am going to consider that a low the commercials purchasing in discount.
At this point of that is going to be low or sponsorship higher I would consider longs to the nearest IPDA high. The 20 day look back IPDA high also has clean and equal highs around it.
If I had to buy it would be at the down candles open and close with limit and stop orders.
CJ is in s small range cycle. This allows us to now hunt and look to catch a large range cycle move.
Price as formed a swing low formation below the monthly open. I am going to consider that a low the commercials purchasing in discount.
At this point of that is going to be low or sponsorship higher I would consider longs to the nearest IPDA high. The 20 day look back IPDA high also has clean and equal highs around it.
If I had to buy it would be at the down candles open and close with limit and stop orders.