Jude_N

Jude_N

Key area of GJ. We are at a key level of confluence. Let's wait for a confirmation for any entry. Cheers !

Jude_N

Price had clearly rejected Fib golden ratio. Strong possibility for a bull run till the 142.500. Enjoy the weekend. Good luck next week from Tuesday ! Cheers !

Jude_N

Considering the weekly and daily being bullish and making HH/HL on 4H TF, Can this be a valid setup ?

Jude_N

Look for rejection at Fibo 50%-61.8% before entry. Final target would be 144 which is still intact.

Jude_N Updated 

I see a correction and impulse again to 142.500 before 144.

Jude_N

Two possible re test /BUY opportunities are placed as per the chart. Which can even today. hence 140-142 always been in one 4H candle is the past. history may/can repeat. Wait for a confirmation on a small time frame. Cheers People. Just my two cents.

Jude_N

There are more possibilities to break for bull trend up to 140.800 than breaking the bottom trend line. If the price break below, we might see 139 testing again. However i would wait for a confirmation to buy. I will remain Neutral Cheers !

Jude_N

139.06 will provide buying power to take the price to the 140 and above. Break below 137.80 will confirm bear power till 136. Currently the market is poised. unless with a confirmation we shouldn't trade GJ. Hopefully by tomorrow we will have confirmation on the short term bias. Points to remember : 1. Weekly is making higher highs. 2. Currently the price is...

Jude_N

Bulls are in control. I am buying to 141.000 140.00 is also an important level. lets wait for clean break above 140. Then buy.buy.buy Just my two cents people. Cheers ! and happy weekend to all

Jude_N Updated 

BUYing as per Chart

Jude_N

BUY

Jude_N Updated 

SHORT

Jude_N

Short trade : Active

Jude_N

If the 61.8 % is respected which seems more likely. i will be selling to 138.00 level.

Jude_N

GJ showing a strong support at 138.80-90 area which happen to be the current 4H fib level as well. Possible bull run is expected. Cheers!

Jude_N

I am still favoring bulls hence Technical : Pair is on it's way for a correction. Pair has not provided sufficient/significant clues of trend reversal. If you look at the monthly and weekly structure are making higher highs. 138.80-90 zone is highly a confluence zone where price may respect and halt the correction. If the sellers able to break the 138.80 zone...

Jude_N

I see a 17 Degree Ascending Channel. Ain't this is something to trade. You may also look at my pretty levels. Happy weekend people ! Cheers !

Jude_N

GJ may have one more leg upward before a considerable re trace. having 139.50 with one of the daily confluence levels we may see it retesting once more. 140.40 is also a considerable zone where buyers meet sellers which could lead to bear takeover. if not we will see this pair going towards 144 area as i have suggested on my analysis.