Goodmorning Traders!!! I am excited for the rest of the week & future trading sessions. I decided to take a look at GJ today. Upon analyzing it, I noticed that GJ has been battling a strong Weekly Support Zone. It has been moving smoothly in a consolidation range. That range created clear market structure. I've charted a a possible Descending Triangle just for you. (White Border Lines) I predict price to shift towards the lower half of Market Structure. In order for that to happen, price would have to pierce & close below a few minor key levels. Just my thoughts...
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Like This Analysis If You Agree
Comment below your thoughts on upcoming movements.
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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.