+75 Pip Drop on UJ
Updated
Price has created a bearish engulfing candle after rejecting our 78.60 level indicating a short order position.
In the past when price tried to make a bullish movement, it lacked momentum before dropping 10 pips. As we approach the 100% I can assure that price will drop to our next structure support which is at our 227.20% level.
In the past when price tried to make a bullish movement, it lacked momentum before dropping 10 pips. As we approach the 100% I can assure that price will drop to our next structure support which is at our 227.20% level.
Comment
Just managed to squeeze this in for an easy 77 pips win!
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