Long term view on the dragon pair (GJ)

25 thg 2, 2017

The dragon pair has broken the triangle and now is in a downtrend... In my personal analysis, this pair is forming a bullish flag pattern (projected in purple lines) in Daily probably down to 61.8% fib retracement at 133.72 or 129.65 which has a very nice support (looking left).

So I will watch the price action of this pair and will wait for the flag formation to be confirmed and BUY at the price breakout! This is a huge buy!!! more than 2400 pips!