GJ Heading Towards Ascending Support
Updated
GJ price is ranging in an ascending channel. Priced reversed off of resistance on August 13th. It then tested support 4 days later on August 17th. It is currently testing the Pivot Point. If breakthrough prevails, I predict potential movements towards the break & reversal of the Ascending channel. Another scenario would be price bouncing from 4HR Support & forming a Double Bottom. Which would prepare us for more Bullish actions.
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Note
Analysis was on point, predicting more bearish fall.
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