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GJ Huge drop expectations.

352
My long-term bias on GJ from the multi-timeframe analysis is bearish.
It has finally reached the Weekly POI which will follow with a certain reaction.
Expecting a reaction as a continuation to the downside.
Wyckoff distro can be a confirmation. Still premature, but we will see how it will play out and react accordingly.
Additionally, the market is exhausted and getting ready to drop :)
Anyway, manage your risk and let's trade safely.

DISCIPLINE
  • Strive for patience, perseverance, determination, & rational action.
  • Limit your losses, use stops.
  • Never cancel a stop loss order after you have placed it!



It's just an idea of mine.
However, everyone can share their thoughts in the comment section below.
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Disclaimer: Trade at your own risk. I'm sharing my ideas and not giving trading advice.
Always plan your trade and trade your plan.
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