Chart analysis

2020年12月31日

GJ is an overall buy trend. Predict it may break the weekly pivot and retrace to near trend line before continuing. If not, the weekly pivot will cause a reversal in lower time frames which could snowball to weekly, or be a retracement in the weekly. One way or another, it will be retracing soon towards the trend line. Have an alert set to where I believe the price will start setting up for a reversal or break. I have put 2 entries, a .01 and .03 @ __ . Tp 1 was my alert, should have been Tp 2, but I didn't mark my tps before entering. I have highlighted the area where I know the price will do something interesting

Next time:
Check fundamentals
Mark your tps



*These ideas are for me to strengthen my analysis and document my thoughts as I trade.*