I think the show is about to start. I see divergence that needs to be corrected and I have been waiting for this indication for a while.
If you look closely at the macd from the last post(linked) i showed you where it would come into play. we may see more divergence because UJ is a freight train.
As of now i have a good seat and dont see anything unexpected. just be patient
Nikkei is up
had to repost macd keeps getting altered so i also went with 1 indicator
as always trade safe gl and this is not investment advice
If you look closely at the macd from the last post(linked) i showed you where it would come into play. we may see more divergence because UJ is a freight train.
As of now i have a good seat and dont see anything unexpected. just be patient
Nikkei is up
had to repost macd keeps getting altered so i also went with 1 indicator
as always trade safe gl and this is not investment advice
I still think this will produce a nice big head/shoulder pattern and we are currently at the halfway point down the right side of the head where the retracement is the halfway mark. As this pattern forms it will be easier to find validation. so far higher time frame looks great
I expect a fast/bounce off the neckline. hopefully next friday i can cash in some chips
feel free to leave comments