I normally don't trade UJ however for the benefit of those who do, thanks to a friend's request to take a look and share my thoughts, here is what I would normally look for, a break above the 139.134 zone and a retest of same area, will set the pair up for a nice long position. A break below the 137.296 area and its retest, will set the pair up for a short. For now, fingers crossed. I may not give updates on this pair as it is not on my favored trading list ;-)
Disclaimer:
All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results
Disclaimer:
All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results
Comment:
I will wait for this retest before making a decision. Again, this is not on my priority list
Trade active:
Trade Idea is active for the bullish run
Trade active:
From entry, trade has done 238 Pips. Put your stops in a profit area and ride the market