Disliked{quote} I get it Davit, thanks...I am not going to jump right into those UJ trades...I just follow the UJ quite a bit... And what is interesting to me...from a technical outlook and something I have seen before, is this. There is a bit of an accumulation pattern forming, that ascending triangle, right below a large supply level. I could see price breaking long right into that upper level and then crashing. Yen rate decision is weds. I think I will finally get around to reading this article...:nerd: {image}Ignored
Your UJ looks good on BB method
Take a look.Daily in the zone or started in the zone and RSI 70 going down.
I just don't have the balls to short Yen or rather prefer not to deal with it.You are right about accumulation forming and current down move could be a bigger down move like back to 9850
Regards
In trading, you have to be defensive and aggressive at the same time