[Analysis] GJ ..Weekend

A Chart above is weekly chart. Last 2 week i'd paste this chart, you can see now GJ price broke the red trendline and on the way to upper red trendline. This upper trendline is a strong resistance for GJ i don't think GJ can break it with just one move, because GJ have to get an another strong momentum to break it. In my opinion GJ will go down next week because new candle for weekly will try to find last resistance ( red trendline) we can call it new support for GJ. But trend still bullish for GJ with my long term target at fibo 38.2% and fibo 50%.

ps: Trade on your on risk. This is just my opinion if you disagree please put your opinion in comment. :) Have a nice weekend. Good luck.

[Analysis] GJ ... retracement start?

Well, after went up about 1200 pips and made new high for this week, i think this is the time for GJ to make retracement. If GJ going up again i think maybe it can go to 147.xx -148.xx because there is a strong resistance there. For now i sell and make 2 target there. Good luck.

ps: I have a very busy week for this week and next week. So i can not always update my blog. :)

[Analysis] EU -Head n Shoulder?

From the picture above, we can see H n S pattern, the upper cyan line are range between head to neckline and the below cyan line is range between neckline and target. So my target at horizontal line below that touched cyan line. :) maybe at 1.3130 price.

[Analysis] EU ...

After drop about 190 pips yesterday, then EU going up again ... my 1st TP already touched at
fibo 23.6 (1.3260). my 2nd target at fibo 38.2% ( 1.3351) if price can break ema 50, i will target for 3rd tp at fibo 50% (1.3424).

[Analysis] GJ & GU

Ok. I just want to share with you something. Above chart is GJ weekly chart. Well, you can see before this it took about 5 candles try to break this TL, sixth candle broke it, the price went down and made new low. After that price go up and now it was about 4 candles try to break the resistance, if new weekly candle can open above this TL then i will take buy for GJ TP at 155.13 (fibo 38.2% monthly). If price open below this TL i will sell and make TP at below TL about 130. But for long term i think price will go to 166.35 ( fibo 50% monthly), because like i said before, GJ always retrace to 50% fibo or 61.8% fibo. But it is weekly chart so maybe it will take a lot of week :D


For GU, you can see triangle(regular) pattern. This pattern is neither bullish nor bearish until the breakout is confirmed. It could breakout either way. What is certain is that as the price continues to coil, the breakout is near. Once the price does break out and give a sense of direction, the stock will tend to accelerate quite quickly. So you can wait until breakout occur or just post your position between upper and lower TL.