GJ showing me some good imbalance between buyers and sellers.
why?
-past few days (excluding saturday) GJ has been unable to break any further to the downside.
-i see too much weakness from sellers.
- 21st Feb look how weak bears were, the candle bodies are not closing below the wick of the 20th Feb candle wick.
PLAN-
30min wait for close above my minor blue zone,
wait for retest and then execute buys with stops just below the consolidation.
why?
-past few days (excluding saturday) GJ has been unable to break any further to the downside.
-i see too much weakness from sellers.
- 21st Feb look how weak bears were, the candle bodies are not closing below the wick of the 20th Feb candle wick.
PLAN-
30min wait for close above my minor blue zone,
wait for retest and then execute buys with stops just below the consolidation.
Note
updated to spreadsheet
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.
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.