Beautiful Daily closure of a Bearish engulfing candle, With a follow up of an 4hr Closure during Asian-London crossover.
Price Breaks below 170.000 and now looking to retest 169.000 before continuing to the upside, As the daily and weekly shows that 169.000-169.500 is a major zone for GJ.
Quick Scalp before looking for that Long by the end of this week or the...
Daily- Past week it has not break 160.000, Constantly using it as a support and bouncing from.
indication for a long to the Previous higher Low on the 4hr.
(Premature Entry)
4hr- 4major Candles formed and retest but not break 160.000 giving another indication for a stronger push to the upside.
In terms for Channels/Trend go, it is creating one at 1hr (New...