UJ is within a bull channel that can be drawn differently than the one on the chart above: it has had 3 attempts to reverse, enough for bear scalps. I´m expecting a Double Top with Oct, 3 high.
What may cause doubt is that the bull channel looks like a 3-push wedge. If so, the orange trend line shows an end coming for the bulls. Besides, most bull channels end with bear breakouts in 75% cases.
What may cause doubt is that the bull channel looks like a 3-push wedge. If so, the orange trend line shows an end coming for the bulls. Besides, most bull channels end with bear breakouts in 75% cases.
Trade closed manually:
Closed with a small loss at 113.912