Outlook for GJ in today's London session. Couple of things could happen! I would like to see further upside momentum, if we break & retest 165.000 we could be looking for nice buy opportunities up to 165.500/166.000...
On the Other hand if we break down below the current uptrend.. ( Iwould personally like a break & retest of 164.500 before an entry) then we should be heading down to 164.000/163.500).
On the Other hand if we break down below the current uptrend.. ( Iwould personally like a break & retest of 164.500 before an entry) then we should be heading down to 164.000/163.500).
Note
Break and retest of 164.500 worked perfectly for short positionsTrade closed: target reached
Take profit hit
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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.