Let's see if GJ can give us the retracement. Expecting the impulse next week. 2nd week of May. Price may consolidate around 170.000-169.500, before the actual move to the downside.
Major sell off @156.000 on June 1st 2021 breaking below previous high of 153.500 all the way to 148.300. Price basically
consolidated within that range in a wedge pattern before having a huge rally to the upside. Price then broke above key level of 156.000 but was unable to penetrate 158.000. Then price slowly declined having rejections @158.250, 157.770, 157.100...
