A bearish engulfing candle has formed in UJ 2 weeks ago, telling us price has rejected the resistance area at 114
We can start to see confirmations to the downside and on the long term, price could make a strong drop towards 100s
Trade the trend!
Trade the pullbacks of broken areas!
Pay attention to the wicks that form on key support and resistance areas!
Best of luck!
We can start to see confirmations to the downside and on the long term, price could make a strong drop towards 100s
Trade the trend!
Trade the pullbacks of broken areas!
Pay attention to the wicks that form on key support and resistance areas!
Best of luck!