NJ D Bullish Idea 1/29/23NJ has a lot going on right now. But it is creating a rising wedge on the Daily time frame. So for one trade this week I am looking for price to break the resistance zone, retest it, and continue to take out 12/13/22 highs. This area is also the 2022 highs for NJ.
Even if you just catch an entry on the smaller time frame at the break of the zone you can get a good 40 pip buy up to the 50% area of the D FVG that price is currently in.
So there are several bullish entries that can occur from where price currently is right now on the Daily.