Trade 17
Short GJ
Price rejected R2 hard and held below 38.2 fib level.
After ll and lh, it pushed back up into r1, then gave a small pin.
Looks like it wants to test at least 50 and maybe even 38.2/R2 again.
The orange trendline is upward channel. I should have waited for that top area before
shorting. I was "hoping" R1 was going to hold.
Short GJ
Price rejected R2 hard and held below 38.2 fib level.
After ll and lh, it pushed back up into r1, then gave a small pin.
Looks like it wants to test at least 50 and maybe even 38.2/R2 again.
The orange trendline is upward channel. I should have waited for that top area before
shorting. I was "hoping" R1 was going to hold.