Hi traders, potential UJ short. Price currently has very strong bullish momentum so be cautious trading this idea, and as always manage risk appropriately!
Confluences:
-Failed uptrend line
-new lower low
-price is approaching 200MA on the weekly chart
Confluences:
-Failed uptrend line
-new lower low
-price is approaching 200MA on the weekly chart
Note
Trade StoppedTrade closed: stop reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.