Hey everyone! I know it's been a while since I've posted my ideas, but today I'm currently keeping an eye out for UJ and as you can see, we are still in a downtrend, and it create a symmetrical triangle, but it could break either on the upside or on the downside depending on CPI news tomorrow. Also the 200 moving average is still above which it stills tell shows that the market is in a downtrend. But we shall how it goes! But be very caution! Don't hop on a trade yet until after the news is over with!! But yeah! Thats what I'm currently looking at right now, but if you guys have any ideas of where you think it may go, please let me know in the comments below! Be safe and Happy Trading!
Comment:
UJ did break below and now looking for a retest to confirm in a downtrend! Use proper risk management!!
Trade closed manually:
I did eventually was able to scalp about at least 20 +pips! but if you are day trader i suggest that you would wait until it reaches that target!
Trade closed: target reached