I couldn't find an active GJ thread, so please share your analysis of this beautiful pair with us
After last weeks rally, we just had a 50% fibo retracement, I'm expecting the bullish move to continue and target is the daily 50% / 61.8% fibo level.
We have a daily candle close above daily gann hilo, would love a daily candle close above daily 50ema, it would be a good confirmation.
http://img267.imageshack.us/img267/9469/17882622.gif
http://img838.imageshack.us/img838/9065/gjdaily.gif
After last weeks rally, we just had a 50% fibo retracement, I'm expecting the bullish move to continue and target is the daily 50% / 61.8% fibo level.
We have a daily candle close above daily gann hilo, would love a daily candle close above daily 50ema, it would be a good confirmation.
http://img267.imageshack.us/img267/9469/17882622.gif
http://img838.imageshack.us/img838/9065/gjdaily.gif
Trade what you see, not what you think.