Short opp in UJ H1. Testing new strategy
Reasons :
1. Lower high are formed / trendline intact
2. Rejection on EMA.
3. Fibo in play.
4. Resistance (blue rectangle) in play.
Reasons :
1. Lower high are formed / trendline intact
2. Rejection on EMA.
3. Fibo in play.
4. Resistance (blue rectangle) in play.
Trade closed: target reached
TP was smashed and 90 pips was banked in! Awesome call :D
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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.