GJ Bear trap?

10 באוג׳ 2022

GJ is still on the Bullish side of the daily trend line. Price is still moving inside the descending triangle. Look for price to head up and touch the resistance of the triangle. GJ has failed to break the support of the trend line and triangle even with two bearish pushes from news(last week&today). Note there is a lot of sellers exhaustion(wicks) on the 4hr chart as well.