Prepare to long the UJ

I just change the chart to 15MIN that is easily show the active price and stop loss level.
Right now, the UJ has shown the deviation of MACD on both 4H and 1H charts, so let us see the 15MIN chart if the price step on the 40MA, that we can lont it.

Trade active

I placed the order at 112.18.
S/L: 111.48 and I have moved the order to the break even.
No matter what Trump says, keep the order until it reach the S/L price and wait for the target.
1st target: MACD deviation on 4H chart
2st target: deviation on D chart.

Trade closed: target reached

Long trade closed at 114.29. and the price may have corrective until Monday(just guess, no any reason). Let's wait for another chance to long it.

Note

The UJ was confirmed the corrective, and the corrective target is the deviation on 30M chart. Then prepare to long UJ again if the price reached the spot. I will update the post at that time.

Trade active

Open long
S/L: 113.35
Target: MACD deviation on 4H chart

Note

The UJ did not follow the XAUUSD to finish the long trend, but my target is still on the way, just hold the long order and see if we will have chance to increase the position.

Note

We got almost 100 pips profit, but the price did not show any closing signal, so please wait and move the order to break even.

Trade closed: target reached

All my long order has been quit at 114.59 and see you next post about UJ

feener

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

feener