UJ looks to be finishing a 5 wave impulse down.
Not sure what the risk sentiment will be to open the week, so watching equities and gold for clues.
Regardless of risk sentiment, the downard momentum looks strong, so I expect one more dip yet.
Not sure what the risk sentiment will be to open the week, so watching equities and gold for clues.
Regardless of risk sentiment, the downard momentum looks strong, so I expect one more dip yet.
Bình luận:
Pretty good progress thus far, but we have hit a cluster of support fibs
those bands ended wave 3 previously. I am hoping their energy has been reduced and that we can cut through them after a small bounce going into London Open.
Bình luận:
Sure enough, that fib cluster held price
and held it until US stock markets started recovering, which sent UJ up past resistance. My trailimg stop got hit after some profit, but the plan is now kaput :(
the Golden Ratio is my Religion
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the Trading View is my Nation
the Moderator Tag is my Flag