UJ Seasonality drop of UJ with target 104.7 before 1st of November, so I expect a pretty steep drop here.
This may be one of the few more to come. Perhaps another drop to 100 or 98 after this.
This may be one of the few more to come. Perhaps another drop to 100 or 98 after this.
Trade active
Comment:
UJ consolidates as U and J are devaluing at the same rate. Once U start its steady devaluation downtrend J will detach from the trend when buying pressure overtakes the transponded selling pressure of U. Totally my personal view here and I expect to have a better explanation or wording at any later stage of my research on UJ Seasonality.
Comment:
Retesting 108.8, going for a double top on the hourly. Also see a doji forning, or hanging man if you like.
Trade active:
Get ready peeps
