GJ Huge drop expectations.
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My long-term bias on GJ from the multi-timeframe analysis is bearish.
It has finally reached the Weekly POI which will follow with a certain reaction.
Expecting a reaction as a continuation to the downside.
Wyckoff distro can be a confirmation. Still premature, but we will see how it will play out and react accordingly.
Additionally, the market is exhausted and getting ready to drop :)
Anyway, manage your risk and let's trade safely.
DISCIPLINE
It's just an idea of mine.
However, everyone can share their thoughts in the comment section below.
Also, don't forget to support me! :)
Disclaimer: Trade at your own risk. I'm sharing my ideas and not giving trading advice.
Always plan your trade and trade your plan.
It has finally reached the Weekly POI which will follow with a certain reaction.
Expecting a reaction as a continuation to the downside.
Wyckoff distro can be a confirmation. Still premature, but we will see how it will play out and react accordingly.
Additionally, the market is exhausted and getting ready to drop :)
Anyway, manage your risk and let's trade safely.
DISCIPLINE
- Strive for patience, perseverance, determination, & rational action.
- Limit your losses, use stops.
- Never cancel a stop loss order after you have placed it!
It's just an idea of mine.
However, everyone can share their thoughts in the comment section below.
Also, don't forget to support me! :)
Disclaimer: Trade at your own risk. I'm sharing my ideas and not giving trading advice.
Always plan your trade and trade your plan.
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