Alright, so GJ broke the resistance zone and the trendline earlier and is now sold to the level of the trendline and the mentioned resistance which very likely is holding now as support.
There is also an ABCD pattern, and the price is now at the C leg and is ready to move higher and probably test the resistance, which gives us good 100 pips reward and a good place to set stop losses below the support.
Take care and safe trading people ;)
There is also an ABCD pattern, and the price is now at the C leg and is ready to move higher and probably test the resistance, which gives us good 100 pips reward and a good place to set stop losses below the support.
Take care and safe trading people ;)