GJ setting up for a good risk/reward long soon, maybe a little too late for it but let's see if we can catch the absolute bottom again with this one.
RSI is improving while the price is dropping (bullish divergence) which indicated the bears are losing steam and the likelihood of a move up has increased. In addition, it appears as if at that price GJ will form a bullish harmonic pattern.
Not really the best pair to trade at the moment (check NZD/USD, or gold) but the opportunity has presented itself.
Enjoy & take care
RSI is improving while the price is dropping (bullish divergence) which indicated the bears are losing steam and the likelihood of a move up has increased. In addition, it appears as if at that price GJ will form a bullish harmonic pattern.
Not really the best pair to trade at the moment (check NZD/USD, or gold) but the opportunity has presented itself.
Enjoy & take care