Hello traders, beautiful opportunity for the GJ pair lined up for next week. We are near a key level where previously buyers stepped in. We are also seeing a retest of our trend line. I expect a nice bullish move for this pair in upcoming week. If the trendline is however clearly broken and we have a clear trend line break we can hop in and sell short to a potential 1.272 fib extension marked on the chart. As always, I encourage you do your own analysis before taking any trades as we all trade differently.
Let's all have a nice week and bag some juicy pips! Kind regards.
-Alex