If GJ gives us a small wave 4 type correction (23-38%), look to take it down for wave 5 (I marked a significant level). If that happens, then look for a larger 3 wave correction to the upside.
تعليق:
GJ, any pound, can continue to have a lot of downside to break the low on the weekly, but GJ seems to be more of a swing pattern that will correct up at some point. If we get a 5 wave, then no brainer, look for 3 wave retrace