This post is just a follow up from the previous one & also to give a chart revision. As expected U/J completed its reversal. My expectations are a drop from the 111.645 or so resistance (which is the 4HR 800 EMA
) to create 2nd leg W formation and from there it'll go long for 3 levels of rise before its due for another reversal. Although there is a slight possibility that it may land at level 1 and from there consolidate and have Continuation up to finish its cycle. 4XLG Market Maker Cycle Analysis. Thanks for all your support!