Is a mega downtrend starting for UJ?

There could be a significant downtrend forming.

Note

Breakout out of months like high sloped pitchfork

Note

Brutal

Note

I suspect the final leg up here was broken today on the tight linear regression channel shown.

Note

The flash crash of 300 pips this week is only the beginning. This is why this trade is a longer term weekly trade.... we are on borrowed time for UJ and I expect an eventual steady selloff down.

mortdiggiddy

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GJ Update

by mortdiggiddy

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mortdiggiddy

Find the edge.

Website: daily-edge.com
Twitter: twitter.com/dailyEdgeGroup
Youtube: youtube.com/c/TheDailyEdgeTradingGroup
Telegram: t.me/mortdiggiddy
Paypal: paypal.me/mortdiggiddy