Previous trend line resistance, 38 fib level and area of resistance (green area).
WAIT FOR CONFIRMATION CANDLE OR FUNDIMENTALS TO ENTER
looking back at one of my previous GJ charts I caught the last trendline bounce, could this be the next?
GJ has respected my daily resistance line and is headed back down to the trendline I have plotted, it will then reverse to make new highs at my weekly resistance level
Trendline and 61.8 fib looking to match and could see a potential return around this area of resistance down to 104.800
EMA is continuing to drop down and the price looks to be falling with it, this could be a great opportunity to add to positions.
FIB retracement which through past few days has seen price action bouncing off key levels and trendline 3rd confirmation looks solid