Retest and further downside movement
Hi guys,
I am expecting GJ to retest the key 144.00 level, when I draw a fib it lines up perfectly with the 38.2 level, I am keeping an eye on when this does reach the 144 level. Expecting some clear rejection as we have broken through quite significantly, will enter a sell position and ride it down to at least the 27% extension.
Hope you all have a great trading week ahead!
Cheers.
I am expecting GJ to retest the key 144.00 level, when I draw a fib it lines up perfectly with the 38.2 level, I am keeping an eye on when this does reach the 144 level. Expecting some clear rejection as we have broken through quite significantly, will enter a sell position and ride it down to at least the 27% extension.
Hope you all have a great trading week ahead!
Cheers.
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