GJ has a Double Top pattern in play.
Price broken down and has retraced to resistance.
Chart below:
Price has been going sideways for a few days but has now broken down.
I am looking for a short position when price pulls back as detailed below:
Levels and Chart below:
1st Entry: 152.10
2nd Entry: 152.30
Averaged Entry: 152.20
Stop Loss: 152.80
1st Target: 149.20
2nd Target: 147.50
I will update again if and when the position is opened.
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