Dislikedhmmmm, that's interesting, i was looking at a different TL, but anyway. even if it wasn't valid (i think it is) you should get a bounce from there, actually a good bounce. since monthlies might be showing a bullish HD, but that's a monthly chart, and a bullish HD on a monthly chart might take ages to mature (as scrat would say).
i still think we might see 140 soon. but after that bounce.
it's funny u mention it. there's a very good bullish divergence on 4h chart for GJ... we might be testing 4h 50ema soon, that's just a guess, we need to close above 4h gann first. by the way, sinse the retracement from 186 to 191 gave a very small reading for GJ on the 4h chart, a bearish HD should form if we head up now. and that would be targeting 50ema (As i said), if we do go up, i'm shorting that rally at 50ema, this should be around 190 area.
here's EJ's chart:
i drew my line and your line. and a fibo extension showing 161.8% as 140.41 with 127.2 broken (But not close below yet).
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I recommend you read something else as this sentence is now concluded.
