After rejection of previous support (153.5) GJ has created a higher low and is now on the verge of making a higher high.
next obvious resistance is at previous highs (155.2 roughly)
once this resistance is broken, we can expect price to continue its way back up to 157.00 area
let's ride these 200 pips moves all the way!!
my entry: 154.00
sl 153.5
tp1: 155.4
tp2: 156
tp3: 156.7, if GJ continue to buy...
tp4: 157.25
next obvious resistance is at previous highs (155.2 roughly)
once this resistance is broken, we can expect price to continue its way back up to 157.00 area
let's ride these 200 pips moves all the way!!
my entry: 154.00
sl 153.5
tp1: 155.4
tp2: 156
tp3: 156.7, if GJ continue to buy...
tp4: 157.25
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.