Currently waiting for a good price to jump in on a short on UJ. Yellow marker represents previous support at 113.350 although theres heavier resistance at the 113.600 level marked by a thicker red line. Ichimoku cloud with modified time periods shows its currently doing its pull back right now but will continue moving to the downside if it doesn't surpass the resistance. long term short ahead of us. stay tuned to see the results. Would appreciate feedback on anyone elses idea of what uj might do.
Take a look@The Daily and you will see more up room ;)
Maserati_2019
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@TradZ, yeah thats why i marked the thicker red line as a signal line. its at a good resistance level as of now, although the real resistance is at the 113.600 level. i marked it off the daily chart :)