I'm shorting UJ at the moment due to the 3 phases its rised from July
low of 104.50 area, turning point turned out to be the 114.50 area as we predicted..
A very strong Supply Zone, Suppliers looking for sellers, and we got exactly what we wanted..
Decent Bat/Butterfly Harmonic Pattern, Can be seen as either one. RSI Helping us locate
a Psychological Potential Reversal Zone... Always talk about PRZ's having good Price Action..
This one obviously gave us a turn around sign of RailRoads To the TOP.. and then to top it off
to confirm Low buying power in the area, we have a really, really, Nice Inverted Bearish Hammer.
Very Great detail in where the institution's might want to move UJ... Solid Sell in my Books, Wait for another retracement, and boom you're in!
Thanks Ozark Trader.
low of 104.50 area, turning point turned out to be the 114.50 area as we predicted..
A very strong Supply Zone, Suppliers looking for sellers, and we got exactly what we wanted..
Decent Bat/Butterfly Harmonic Pattern, Can be seen as either one. RSI Helping us locate
a Psychological Potential Reversal Zone... Always talk about PRZ's having good Price Action..
This one obviously gave us a turn around sign of RailRoads To the TOP.. and then to top it off
to confirm Low buying power in the area, we have a really, really, Nice Inverted Bearish Hammer.
Very Great detail in where the institution's might want to move UJ... Solid Sell in my Books, Wait for another retracement, and boom you're in!
Thanks Ozark Trader.