TradingView
Matt-The-Trading-Cartel
Jan 10, 2020 10:32 PM

UJ short Short

U.S. Dollar/Japanese YenFXCM

Description

UJ is once again at the same key area as the previous last 2 big short trades. Still needs a bit more development on the 1hr time frame for me to take this as a risk entry however i will be keeping a close eye on this at the start of next week.

If we fail to get a clean pattern before the drop ill look to aggressively take an entry on the first continuation that is formed.

Ideally we get a corrective arc back up to the key level and get a big 1hr bearish engulfing as the entry.
More