Good afternoon,
I hope everyone had a great weekend and previous trading week. Here I present a premarket forecast for UJ for this trading week. Last trading week UJ was bullish, breaking a key daily supply/demand area @142.118. Toward the end of the week, price reversed and closed below the same daily area of supply/demand @142.118.
Price rejected at a key 4hr...
SIX:NOVN
- Price has retraced to the major trendline & 200ma
- A break of the daily downtrend would confirm a good entry to get on the trend
- MANAGE YOUR RISK -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
Best price to Long =1.1375 to 1.1395
TP1 =1.1470
TP2=1.1600
SL=1.1241
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. You should carefully consider if engaging in such activity is suitable to your own financial situation.
I am not responsible for any liabilities arising...
Been trading and tracking this one for some time. Very choppy waters with 100 pip+ swings as per usual with anything JPY related.....
Anyway, I am still waiting a good breakout and price to take on for a big monster move further down.
Key eco reports due the rest of this week should be the spark we need for it.
All I really need to see is that angled support bar...
