Elliott Wave Completion on UJ
Here we see UJ making a perfect bounce off of the 38.2 Level along with what could be considered a morning star or an engulfing candle at the site of where it bounced off. Also it's in its 3rd drive of the elliott waves pattern. RSI is above 50, and the EMAs are very close to cross over.
Trade closed: target reached
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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.