Looks like UJ hit the retracement level of 50% and hit the trendline at the same time. Expect a rise, but it could be a short one, Dollar index is showing signs of weakening. Entry: 111.257 Stop: 111.220 TP #1: 111.746 TP #2: 112.260
LOOKS LIKE AN UPTREND A
Because it closed a candle on the 32.8% retracement, bet is that it will go down to at 110.930
its con sideways movement, can only confirm that it is a downwards correction but be prepared for a breakout
price may shoot up. rejected resistance several times.
I see entry for sell at around 32%-0.87400 50%-0.87470 TP is Fib Expansion at 200%-260%
Looking for retrace to 32.8% then buy up long
Buy or sell depending on trend break
Short trade to 88.2% fib
Waiting for correction to shoot up
Wait for break of structure to buy
Buy
Looking for a buy, wait for trend to either brreak or retrace
Sell for now
Looking for a sell
I see a possible uptrend at 1.30450. Confirmations: 1. Daily Support 2. 1H trend hits 1D uptrend 3. Supply and demand zone
Here my mess, unless uj breaks trendline she is going down to 11.8000