UJ
DAILY
All we have is consolidation and reversal candles with no definitive pattern. Yet they are pushing upwards, tomorrow we will get the correct direction.
4H
Inverse H&S and we still struggling to break the neckline of the pattern, therefore we have no guarantee that we are going up. We broke it but came right back and have been struggling to break it (151.70)
1H
Once again we are rejecting the neck line 151.70 which should tell us that actual momentum we'll only see tomorrow before NFP, during NFP and after NFP. Till then sit still.
15Min
151.67 and 151.63, this gap should further show that there is still strength from the bears which has not fully played out as the volatility is yet to kick in.
All we have is consolidation and reversal candles with no definitive pattern. Yet they are pushing upwards, tomorrow we will get the correct direction.
4H
Inverse H&S and we still struggling to break the neckline of the pattern, therefore we have no guarantee that we are going up. We broke it but came right back and have been struggling to break it (151.70)
1H
Once again we are rejecting the neck line 151.70 which should tell us that actual momentum we'll only see tomorrow before NFP, during NFP and after NFP. Till then sit still.
15Min
151.67 and 151.63, this gap should further show that there is still strength from the bears which has not fully played out as the volatility is yet to kick in.
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