this is my analysis on GJ.
LONG analysis
- Bullish BAT formation
- AB=CD extension (1.618) at point D of the B
- oversold shown on RSI
to go long wait for a nice bullish formation
- double bottom , bullish pin bar
- RSI regular divergence
SHORT analysis (if the bat is been validated)
- golden zone
- trend line retest
- possible AB=CD formation,
- possible bearish bat formation
LONG analysis
- Bullish BAT formation
- AB=CD extension (1.618) at point D of the B
- oversold shown on RSI
to go long wait for a nice bullish formation
- double bottom , bullish pin bar
- RSI regular divergence
SHORT analysis (if the bat is been validated)
- golden zone
- trend line retest
- possible AB=CD formation,
- possible bearish bat formation
Note
1- Bearish Gartley at the first pull back2- Buy at the UP trend line
3- Bearish Butterfly at the down trend line
4. sell at the down Trend line
Trade closed manually
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.