Smoke Time? (GCG)
The 15 minute chart may have printed an impulsive move upward.
The new invalidation would be about $1.05 from this recent correction. With a close of $1.07 we could get some clarity soon if this reversal plays out.
The bull case needs to see a $1.37 touch while the bears will expect to push back to $1.00 and below.
The new invalidation would be about $1.05 from this recent correction. With a close of $1.07 we could get some clarity soon if this reversal plays out.
The bull case needs to see a $1.37 touch while the bears will expect to push back to $1.00 and below.
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