UJ Change of Direction
UJ reacted on the major resistance after the bull run.
Confluence Data:
1. Resistance is holding, 38.2 on fibs
2. Created lower highs after the consolidation
3. Bearish engulfing
4. double top downtrend pattern
5. Bearish variations
Outlook for next will be bearish. No structure yet.
Confluence Data:
1. Resistance is holding, 38.2 on fibs
2. Created lower highs after the consolidation
3. Bearish engulfing
4. double top downtrend pattern
5. Bearish variations
Outlook for next will be bearish. No structure yet.
Trade closed: target reached
Related publications
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.
Related publications
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.