jichuen

jichuen

It has been a very volatile week for UJ consolidating between 120 and 110 Overall the market looks bearish and down trend still intact. however it has not pierce through fibs 23 and will have to wait for market to open to decide where to trade. If fib 23 bounces, a meet at 40 area of the weekly resistance is possible before a good entry for short. 110.10 area...

jichuen

Chart says it all Always look left target around 110.10

jichuen

I hope my chart explains it. but do feel free to share your thoughts and opinions.