Good Morning,
I hope everyone is having a wonderful week and trading week. What I have here is my analysis for UJ currently retracing, price has broken structure from our diagonal triangle. Now that price has broken and closed above the diagonal triangle structure, we will be waiting for a pullback and a rejection in my demand zone. Once price drops into the demand zone and has a strong rejection in that area, twill be executing a long buy and hold until price reaches the 134.500 area. If any of you have a similar chart analysis and/or agree with this et up, please leave a like and a comment.
Thank you
I hope everyone is having a wonderful week and trading week. What I have here is my analysis for UJ currently retracing, price has broken structure from our diagonal triangle. Now that price has broken and closed above the diagonal triangle structure, we will be waiting for a pullback and a rejection in my demand zone. Once price drops into the demand zone and has a strong rejection in that area, twill be executing a long buy and hold until price reaches the 134.500 area. If any of you have a similar chart analysis and/or agree with this et up, please leave a like and a comment.
Thank you