DislikedSorry to be so harsh , but i would not be shorting so close to major support before a close on the weekend. Instead i would have waited it out till Sunday and then seen what the market gave me.
I think you may see that gap , but to the upside.
Higher level time frames are pointing to a bounce. I expect 199.82 to be test of bottom of that triangle and 50% fib retracement of 201.71 to 197.22 however it could only test 38.2% at 199.12.
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If you can imagine that. I was hoping 199.20 was going to hold as support.
Now it seems 197.50 should be a bit stonger of a support point. Especially since on the 15MIN GJ looks to have already bounced from the bottom
and is heading up slightly from a bullish doji on the bottom right?
I'd like to get out of this trade a bit better than even or SQR for a small loss.
Malcolmb do you ever look at the 3hour GJ chart?