conformation to take for long
i think GJ next stop is going to be 142.700 which was a daily high from 1, sep high
most of the ppl will take short because there were 5 touches on the 4h time frame and mostly 5th touches break above or it means a weak retest but mostly the 5th touch breaks above or below the S/r, while others are going to take long
but we will see strong bullish next week or consolidation between 142.100-500 and that gives us confirmation too to the upside or downside
fundamentally it shows that GJ is strong to the upside
most of the ppl will take short because there were 5 touches on the 4h time frame and mostly 5th touches break above or it means a weak retest but mostly the 5th touch breaks above or below the S/r, while others are going to take long
but we will see strong bullish next week or consolidation between 142.100-500 and that gives us confirmation too to the upside or downside
fundamentally it shows that GJ is strong to the upside
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boom