If UJ breaks this uptrend, we are looking for a short, then a retest of that zone to a full fall. This will give us a clean H&S pattern and land us into the blue area where we can see a nice buy.
If UJ cannot break this uptrend we are looking for buys back into the top red area to continue on the uptrend.
Take news into consideration when trading this pair. Good Luck.
- New to trading, so comment and tell me how I can improve! -
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Price so far seems to be respecting this uptrend. Could be time for buys back into the next red area.