UJ failed to break support area and has formed a double bottom reversal pattern. Which is why price is currently on a bullish move. Price has also broken through the bearish trend line and looks like its still retesting. After it finish the retest , based on my own anaylsis I have my take profits at fib level points. Price can hit all the way towards 106.400 area before going back into a bearish move.
My analysis is just for educational purpose and to track my own progress as a trader. If you agree with it please like or comment your input.
My analysis is just for educational purpose and to track my own progress as a trader. If you agree with it please like or comment your input.
Note
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.
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.