Attempting a scalp short which if survives might catch the reversal.
Market sentiment has been "Risk-On" so shorting this pair a bit risky.
But as we know, risk sentiment can flip instantly given some "news".
No targets yet, but will watch each of the Blue fib lines for clues.
IF the move progresses down, I will make measurements and a new plot.
Until that time I will trail the Stop one fib behind the price at any time.
$110.025 is NOT some random number, it is THE number for UJ, see this plot:
Market sentiment has been "Risk-On" so shorting this pair a bit risky.
But as we know, risk sentiment can flip instantly given some "news".
No targets yet, but will watch each of the Blue fib lines for clues.
IF the move progresses down, I will make measurements and a new plot.
Until that time I will trail the Stop one fib behind the price at any time.
$110.025 is NOT some random number, it is THE number for UJ, see this plot:
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Trade still on, booked 20% of position on this Ping
Hero or Zero on this one, either no profit (but no loss) or we catch the trend change.
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