Thank You very much Mr. Dadas
and here is the analysis for UJ but I only attach from daily,,please don't angry I have analysis monthly and weekly before analysis on daily timeframe but if you want I will post it later
Daily
from daily chart I see price trying to make new PTECZ but I don't know if it will be valid, only when the candle closed I know it is a PTECZ or not so for now I can only see daily is still trend down
H4
4 hour ago price rejected and thus creating a new PTECZ so on the H4 the trend still not clear while the candle isn't closed yet if candle closed inside the zone then probability of up and down is still big on H4
H1
on H1 the trend is up since price already closed out of PTECZ is it a retrace of daily trend I don't know yet
M30
on M30 the price looks like going to create new PTECZ I'll wait till it clearly form a PTECZ
Strategy:
I'm a day trader so I watch M30 for align with daily trend, as far the daily chart still trend down because the new PTECZ not confirmed yet I plan on selling at retrace from the nearest M30 PTECZ which I will watch closely on the checklist if it formed. then zoom in to M5 chart for the entry of the retrace.
and here is the analysis for UJ but I only attach from daily,,please don't angry I have analysis monthly and weekly before analysis on daily timeframe but if you want I will post it later
Daily
from daily chart I see price trying to make new PTECZ but I don't know if it will be valid, only when the candle closed I know it is a PTECZ or not so for now I can only see daily is still trend down
H4
4 hour ago price rejected and thus creating a new PTECZ so on the H4 the trend still not clear while the candle isn't closed yet if candle closed inside the zone then probability of up and down is still big on H4
H1
on H1 the trend is up since price already closed out of PTECZ is it a retrace of daily trend I don't know yet
M30
on M30 the price looks like going to create new PTECZ I'll wait till it clearly form a PTECZ
Strategy:
I'm a day trader so I watch M30 for align with daily trend, as far the daily chart still trend down because the new PTECZ not confirmed yet I plan on selling at retrace from the nearest M30 PTECZ which I will watch closely on the checklist if it formed. then zoom in to M5 chart for the entry of the retrace.