Trade active. Opened early this week. Short @113.785; SL 114.95
See below (1D) for entry justification.
Left my last two UJ trades on the chart as a reminder. UJ has a way of luring me in to a false sense of confidence. It can be volatile making multiple false moves prior to following it's actual course of direction.
1M:
As I've mentioned in previous posts, UJ has been in a stage of increased volatility and indecision that began in 2/17. It was a back and forth between bulls and bears. Price action is showing signs of changing since month end of September.
1W:
1D:
My charts get messy with UJ because support/resistance tend to operate more as a zones. There are often s/r lines closely stacked together. With that being said, triple top, and trend line resistance. Multiple tests of the resistance has occurred, which is frequently the case with UJ.
1H:
See below (1D) for entry justification.
Left my last two UJ trades on the chart as a reminder. UJ has a way of luring me in to a false sense of confidence. It can be volatile making multiple false moves prior to following it's actual course of direction.
1M:
1W:
1D:
1H:
Trade active:
Trade still active. Have been in the green the majority of the time. Recent bullish price action at support zone. UJ's price could climb and retest resistance zones. I would evaluate adding to my position between 114.20 - 114.80.
Trade still active. Have been in the green the majority of the time. Recent bullish price action at support zone. UJ's price could climb and retest resistance zones. I would evaluate adding to my position between 114.20 - 114.80.
Trade closed: target reached:
