As we can see, EJ is in an uptrend so we are only looking for longs. EJ nicely respect historical demand levels so I expect some consolidation at these levels. Overall we have still bullish bias because of market structure. Wait for a retest before going long.
We also want to see price reaching our next resistance level because we need that for a weekly correction.
We also want to see price reaching our next resistance level because we need that for a weekly correction.
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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.