I did not manage to forecast yesterday, but luckily nothing crazy happens on Mondays. Here we are looking at a possible sell set up on UJ. I see 2 possible scenarios:
Scenario 1: Price breaks the 108.096 zone and retests it , giving us a sign that bearish momentum is starting to pick up.
Scenario 2: Price breaks the 108.389 after creating a new recent high, that means adjustments of the low as well, which I predict should be at 108.389.
Either way, I will looking at what the market is showing me.
Scenario 1: Price breaks the 108.096 zone and retests it , giving us a sign that bearish momentum is starting to pick up.
Scenario 2: Price breaks the 108.389 after creating a new recent high, that means adjustments of the low as well, which I predict should be at 108.389.
Either way, I will looking at what the market is showing me.