Ok, no time for a long winded explanation! Lots going on right now and I'm working my **s off keeping up! I think the chart is very clear what is about to happen. I'm going SHORT with the crab completion. I may pull a short-of-target entry to make sure I get in on this trade just in case the reversal misses the crab since I am VERY, VERY BEARISH on this pair and think it is in for a long ride down!
GL!
*DISCLAIMER: Please keep in mind that I am not giving any trading signals or trade calls here. Only providing my own trade thoughts for your benefit and insight as to my trading technique and style. Please don't ask if you should or should not take the trade. If you are not sure, then you do not have a trading plan for yourself in place. I suggest you make one before you continue to do any trading!
If you like my posts and find them helpful, please take a second to hit that LIKE button and follow me so I will know my posts are useful to you. Doing so will encourage me to post more! As always, all constructive comments are welcome. Agree or disagree.
Good analysis and I've been short and following UJ intently since it hit125.00. I've just gone short again at 121.500 (0.618 re-tracement) and looks like the finish of the ending diagonal with the 5th wave extended. Good Luck again (but seem like you don't need it )
EverythingForex
⋅
Always could use more luck! GL to you as well. And have a great weekend! Rest up, my friend. Next week will be very interesting!