GJ price is bearish - Price is below the cloud on (M) time frame.
Lagging Span on (D) & (W) time frames pointing towards the downside.
Price broke through 9 day MA @134.535 (W)
If price breaks through 26 day MA @134.503 (W)
I'm predicting price to continue going down, break the 132.000 levels & reach June 29th Daily Low @131.955.
Entry @134.500
Stop 50 pips
TP 250 pips
RR: 5:1
Lagging Span on (D) & (W) time frames pointing towards the downside.
Price broke through 9 day MA @134.535 (W)
If price breaks through 26 day MA @134.503 (W)
I'm predicting price to continue going down, break the 132.000 levels & reach June 29th Daily Low @131.955.
Entry @134.500
Stop 50 pips
TP 250 pips
RR: 5:1
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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.