Potential UJ Forecast
- Analysis based on support and resistance levels and price action.
- If price makes a bullish correction on its current bearish trend, we can see a potential bearish move to the downside once price hits the 50% fib retracement level.
- Fibs levels are drawn both to the upside and downside from the swing high and swing low of bearish market structure to pinpoint a probable entry.
- RR 9.96
--- Still training in the markets so constructive criticism is appreciated. Cheers yall.
- If price makes a bullish correction on its current bearish trend, we can see a potential bearish move to the downside once price hits the 50% fib retracement level.
- Fibs levels are drawn both to the upside and downside from the swing high and swing low of bearish market structure to pinpoint a probable entry.
- RR 9.96
--- Still training in the markets so constructive criticism is appreciated. Cheers yall.
Note
Missed my entry by a couple of pips!!- It's good, we're on to the next.
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.