Part 3
Textbook sell pattern, straight forward and easy to spot. The build up of price and the steepness of the gradient, further shows us that the "Mighty will always stumble" 🤣🤣🤣not the best analogy but it's the way it makes sense in my head. I'm still gonna WATCH & WAIT, Due to it being year end a lot will happen and affect the whole years trading. How it...
Part 2
April, June, September and Currently. The current price bounced at these levels 3 times, so we can predict behaviour by previous data. But because it is towards the year end and how GJ behaves, we don't enter WE WAIT AND WATCH.
PART1
Price is still following the double bottom it formed back in 2020. So now we have the trend which is bullish. Yet it should not be seen as a basis because it will obstruct and hurt your trading account. TRADE WHAT YOU SEE NOW WHAT YOU FEEL.
Kill emotions, Burn expectations, Switch on your skills and Enhance your screen and eyes.
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We reached a low we haven't reached since July 2020. Around the peak of the rona, which we could use as an extra piece of information. Moving down to the 4H, I see a reversal from the bearish trend in the form of a bull channel (2 touches both on the top & bottom). So I am waiting for the move down to complete before making any moves on this one. 1H, we had a...
I was watching the market last week, I just did not see anything which allowed me to take trades. This week could be different but I will be objective and take what the market shows me. Moving down from the Daily, which has been stretching into an expanding wedge (signal for bull pressure to take over soon). No guessing🙅🏿🙅🏿🙅🏿🙅🏿🙅🏿, it's rules and we follow them to the tee.
