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Monday, March 14, 2016 9:41:02 PM
Actually, the TDI on the UJ 4 hour chart seems to suggest that price has formed a bearish head and shoulders pattern, which would lead to a break of the ledge to the downside.
When price forms a head and shoulders, the TDI normally responds with 3 lower peaks at each point on the price action H&S.
Of course, the confirmation would come with a break on the price action below the neckline only.
UJ 4 Hour Chart again...
When price forms a head and shoulders, the TDI normally responds with 3 lower peaks at each point on the price action H&S.
Of course, the confirmation would come with a break on the price action below the neckline only.
UJ 4 Hour Chart again...
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