Two alternative counts for UJ currently. If we are done, I would wait for the potential IHS to be form before taking a long trade, alternatively, we could be at wave 4 if the ED. If not, wait for a strong breakout if this wedge, retest then Long.
Either way, I will post my daily chart below, UJ correction is pretty much done with w=y at this juncture.
So short trades gotta watch out. I would prefer to wait for a good setup got longs!
Details on chart. GL!
Either way, I will post my daily chart below, UJ correction is pretty much done with w=y at this juncture.
So short trades gotta watch out. I would prefer to wait for a good setup got longs!
Details on chart. GL!
Note
Daily
Note
If UJ is done, we could be seeing one more leg to 105.3 levels.
So gotta watch for support.
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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.