COOL BUY

٢٣ أغسطس ٢٠٢١

GJ is currently in a H4 falling channel. The most recent rejection of support and a bullish impulse was followed by some consolidation below a well-respected zone. I expect price to continue to push toward resistance after this zone is broken. Indications of continuous bullish momentum include a M5 bullish pennant and a M30 tweezer bottom pattern within the bullish pennant. A 38.2% fibonacci retracement was formed from the bullish impulse from support.