uc went through a trend change on a small time frame. It has yet to be confirmed on this 4 hr or higher time frames. I entered when the second wave section up produced a higher low. The stop is just under swing low support at 1.3296. If hit it indicates trend has changed again and the original short comes into play. This wave should reach about 1.3711. Initial price is 1.33089.
Nota
Long uc is working so far. This is only the first day. It reversed earlier this session and a long was taken. Target is 1.37118 (calculated—should be somewhere close to that). Will ride it till I get stopped out or reach the top of the wave currently developing. A look at the weekly will show that trend reversal will be possible the whole way through this. This large bear flag (weekly) is going to break at some point in the not to distant future. SL is a stop under support at the reversal point at 1.3296. Nota
It's working fine so far, but we still need a higher high now. It needs to get above the last section to the downside. The section immediately before this first up section.Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.