GJ : I want to sell the 188 188,5 resistance.

stephane

Private, 1st Class
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On the daily we have a bearish high wave candle that is rejecting -not very strongly- a 0,886 fib resistance around 188 (the pair is now trading under 188, the last high is around 188,5).

I will try to sell signals around those levels to go back to the next fib level, that is the 0,786 level at 186,6.

I remain long term bullish oriented above 185, so for me this is counter trend.

GJ_D.png
 

stephane

Private, 1st Class
Messages
114
This is an update on September 8th 2015.

GJ weekly is retesting a broken support (55 SMA) around 183,8. the previous move is a sharp bearish correction. Should that broken support (now resistance) do not hold, I will enter a short swing trade with a TP around 175.

GJ_W_001.png
 
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