I'm watching this UJ as a short term trade, I'm keeping my uj daily long as is, if this short term short on UJ happens, I'll take on a different account.
So obvious 1hr pin at resistance, this alone wasn't good enuf, if the pin was higher off the resistance, I woulda played it, so I'm looking for another test of this resistance, with some PA, to get short. Pref it really hits the resistance for real and gives some good pa.
here's the chart.
EDIT: If this was during london or usa session ,I woulda probably played this, or if it had a been a nice clean run up before creating the pin, I would have also played it. To much consolidation around the pin during dead times really makes it a no go, just wanted to make it clear why this first pin wasn't good enuf for me.
So obvious 1hr pin at resistance, this alone wasn't good enuf, if the pin was higher off the resistance, I woulda played it, so I'm looking for another test of this resistance, with some PA, to get short. Pref it really hits the resistance for real and gives some good pa.
here's the chart.
EDIT: If this was during london or usa session ,I woulda probably played this, or if it had a been a nice clean run up before creating the pin, I would have also played it. To much consolidation around the pin during dead times really makes it a no go, just wanted to make it clear why this first pin wasn't good enuf for me.