Just a couple of options i have drawn out for GJ. There are obviously many more ways price can move here. But these are just the main couple i am anticipating.
Also note that the depths and amounts of retracements may vary - making it seem that there are way more options for price to travel but they are all pretty much the same - As long as the direction continues in the same manner and the pullbacks react at significant areas, i am not too worried.
As long as my anticipated direction and behavior reflects the actual behavior on the charts, I am not fixated on price hitting the exact numbers like 158.500 etc. I just have those as a rough guide or area.
When price hits those areas i will then readjust and re-assess my perspective and analysis. 😊
Also note that the depths and amounts of retracements may vary - making it seem that there are way more options for price to travel but they are all pretty much the same - As long as the direction continues in the same manner and the pullbacks react at significant areas, i am not too worried.
As long as my anticipated direction and behavior reflects the actual behavior on the charts, I am not fixated on price hitting the exact numbers like 158.500 etc. I just have those as a rough guide or area.
When price hits those areas i will then readjust and re-assess my perspective and analysis. 😊
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.