Due to the market creating lower Highs the probability of GJ going down is high and at the same time we have a continuation pattern which indicates GJ falling.
GJ is in a very strong down trend and the current price at a major manupulation area where the banks are looking to trap retail traders who are targeting to buy GJ.
Waiting for the market to retest the broken trendline and we continue with the Long term SELL.
Due to the break of the downtrend on the daily timeframe The market is retesting And hence selling
Hoping for a buy then a strong sell opportunity AT the second week of march
Looking at the dollar expect it to buy and therefore the pound will be less stronger than the dollar and hence the pound to sell long term. Using tern he harmonic pattern we have another confluence to sell at the D zone. Another confluence is that it at the top bolinger band
Head and shoulder formation confirming reversal of the trend
BREAK AND RETEST OF THE RESISTANCE TREND LINE BECOMING THE SUPPORT
THIS IS BECAUSE OF BREAK OUT AND RETEST OF THE RESISTANCE TREND LINE