UJ has been climbing relentlessly, but I think it is coming due for a pullback soon.
I have three resistance zones identified in red, that I will be watching as approached.
I have three resistance zones identified in red, that I will be watching as approached.
Note
Hmm, could this be the start?There several fibs just below that will act as support.
Lets see if they hold or not
Note
Still being supported by a fib cluster of 4 lines each of those lines are from different fibs defined over different time frames
Note
As expected, these fibs holding things up.But it looks like they might have captured the price, and after a few more bounces it may be ready to leave them. (I am hoping to the downside)
Note
there we go, fell through the fibs.Closed 50% of position to cover costs and spread.
Trailing stop on remaining position.
Note
Back up to test the fib zones Note
Quite a bit of volatility with FOMC rate decision and Trump presser..
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
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.