D1 - after the bullish impulsive structure i expect to see second wave down. H4 - assumption here is that we are inside a pullback move (the up move). Looking for signs that this move is over and then i will start scanning for possible sell entries.
D1 - bearish potential divergence, key resistance level H1 - looking at the bullish structure and signs for reversal.
Head and Shoulders on the 4HR on UJ. With DXY tanking and the dollar reacting accordingly I see this going all the way down to the Head area. It keeps breaking previous lows and every pump fails to break highs. Let me know what you guys think about this and if it will fall for a long time or is it time to watch out for a reversal.
on DAILY: price is sitting around a strong support/resistance zone in red so we will be looking for objective sell setups on lower timeframes. on H1: price is overall bullish making higher highs and higher lows so we are overall bullish. However, price is sitting around resistance and we have a bearish divergence on MACD. Moreover, price is trading inside a...