UJ buy idea
I have a bullish bias on UJ.
-Price has been steadily going down for the better part of the previous week and managed to drop to 133.50
-A support turned resistance had been created at 134.68 but it has since turned to support, with price making atleast 3 touches on the same zone and ranging within the next level at 135.30
-Am anticipating a bullish break above 135.30 hence placing buy stops a few pips above 135.30 and my stop below 134.66
-Price has been steadily going down for the better part of the previous week and managed to drop to 133.50
-A support turned resistance had been created at 134.68 but it has since turned to support, with price making atleast 3 touches on the same zone and ranging within the next level at 135.30
-Am anticipating a bullish break above 135.30 hence placing buy stops a few pips above 135.30 and my stop below 134.66
Note
Good trade indeed
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.