Leave your thoughts on the analysis:)
GA is at a previous high, if we can breach it and show bullish behaviour then we could potentially see 1.8230, aligning with our .27 extension on the 4HR fib. No sells even slightly valid until a trend line break is seen.
GJ has breached previous highs. May have potential to reach our .27 fib level. If we pull back below 152.50 we could see the beginning of a new retracement. Bias is currently long so far as we respect our 152.50 level.
GJ is in the midst of completing a daily fib back into 125.50 and possibly beyond. A break of this 4hr Structure which price currently sits at could validate our last push to reach the overall target of 125.50. Good trend line respect as well. Break + retest of demand zone as well as a trend line bounce could prove a good entry reason.
- 4HR trendline respect - Rejection + Bullish 1HR Confirmation - Break 'nd retest of NY Low on 15min