UJ:
UJ quite respects the 38.2% Fib 107.63 on the daily chart from 2008.5.22's low 102.73 to 2008.8.15's high 110.66. The next 50% Fib is 106.69. Daily TL shows support at ~106.8.
Today's S1 is 108.29. Single daily bar 61.8% Fib is 108.27. I have said I should not enter a trader based on a single daily bar. But as 108.50 is a strong S/R, I will enter this trade at this critical S/R.
Action:
Sell Limit at 108.25, SL 109.25. Buy limit 106.75, SL 105.75.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment