Sell UJ
Updated
DAILY: Uptrend, retraced to 38.2 on daily fib hit -27 and tested previous resistance. There's bearish divergence on the RSI.
4HR: Uptrend, hit the -61.8 on the 4HR fib, fell back to 4hr trendline. + Bearish divergence
1HR: Uptrend, hit the -61.8, reversed, sold to -27 @ 1hr trendline.
CURRENTLY
Looking for price to pull back to downward trendline at previous resistance, then fall to -61.8 on 1HR fib
(30 to 70 pips)
4HR: Uptrend, hit the -61.8 on the 4HR fib, fell back to 4hr trendline. + Bearish divergence
1HR: Uptrend, hit the -61.8, reversed, sold to -27 @ 1hr trendline.
CURRENTLY
Looking for price to pull back to downward trendline at previous resistance, then fall to -61.8 on 1HR fib
(30 to 70 pips)
Order cancelled
Did not enter this trade since price did not retest trendline, it broke through for the buy
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