This is weekly chart, we can see price already touch lower TL (cyan) after the price broke this TL several weeks ago. The price try to break lower TL that now become a support for GJ, if new weekly candle open above this lower TL, i think price for GJ will go to fibo 38.2% at 155.13.
This is Daily chart. We can see the candles in pennant pattern. So next week we just wait whether the price will break out Up or Down. I hope it will be up so i can make TP at fibo 38.2% for weekly chart . :)
ps: good luck.
Saturday, April 25, 2009
Tuesday, April 21, 2009
[Analysis] GJ
Monday, April 20, 2009
GU. Mission accomplished.
Congrats to everyone who is follow my analysis. Price for GU drop about 350pips from the TL. Now i'm waiting for the good signal to buy low . :)
Subscribe to:
Posts (Atom)