As you see in the 4H time frame, although we have a downtrend, price failed to make a lower low.
Currently, the resistance level at 154.630 is broken and if price closes a bullish 4H candle above this level, we can expect a rise to the next high after price retests the broken level.
I expect a bullish reversal move for GJ at this moment and a growth to 155.950, which is the next resistance level ahead.
Currently, the resistance level at 154.630 is broken and if price closes a bullish 4H candle above this level, we can expect a rise to the next high after price retests the broken level.
I expect a bullish reversal move for GJ at this moment and a growth to 155.950, which is the next resistance level ahead.