UJ has created a huge gap up over the weekend. It fell back down below daily support now acting as resistance. Now I am looking for it to fill the gap to the 109.500 area
UJ broke though daily support and now holding at 4HR support level. I'm looking for a bounce off of this level back into that daily level around 110.088 for a 40 pip gain.
Keep it simple guys!
EU is coming into major 4HR support and a bounce off of a daily trend line on 1HR time frame. Im looking for a long play here back up to the 1.06248 area into 4HR resistance for a nice 40 pip move.
UJ spiked up as expected off the trend line and has broke major 4H resistance. With a retest of the broken resistance now acting as support on smaller timeframe puts me in a good long opportunity to the 111.237 area
EU is trading in a zone right also forming a bearish flag pattern. Looking for it to make another push down to the bottom of the zone for a nice 50 pip move. If it breaks the zone i will be looking to short another position to the downside.
EU trading in a zone right now and also forming a bearish flag pattern. I see this pushing down further to the bottom of the zone again to 4H support level. If it breaks the 4H support level and the zone i will look to go short another position.
