FINAL PUSH TOWARDS 158 AREA
As we can see, GJ has been consolidating price for a while on the hourly time frame.
We had price break structure creating a lower low, but price then used this as structure to continue on a bullish uptrend, thus breaking the change of turning into a downwards trend.
If the hourly candle closes bullish outside of this range, would expect to see price retest before continuing bullish towards 158.000 region!
We had price break structure creating a lower low, but price then used this as structure to continue on a bullish uptrend, thus breaking the change of turning into a downwards trend.
If the hourly candle closes bullish outside of this range, would expect to see price retest before continuing bullish towards 158.000 region!
Catatan
Price closed above the consolidation range and has maintained its position above structure. Will look for entry for the position upon retest next week IF price retains its position above 157.074.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.