Just about 2 weeks back, we spotted some weakness in UMS with it breaking the 1.05 support..
Some bearish price actions were spotted and there were some signs of the short term trend reversing down too..
Some downside target were drawn and it seems like we have already hit our 0.95 target today as drawn…
See what I mean below…
We are seeing some support coming back near here but would want to be cautious of more weakness if this gives way too…
Short term selling pressure can still continue on more bearish price actions below 0.95…
Watching…
Also, from the PTI System, we actually had a Bullish signal in Feb 2018, but then the exit came out in March 2018 and then…
The weakness began…
And then recently, we had a NEW BEARISH SIGNAL on 3 May 2018….
See what I mean below…
Still no exits for this bearish signal as of now…
Cautious long….
Downside may really still continue if 0.95 fails to hold…. Will see when the exit will come…
Looking forward to share more about the system and the strategy behind in Precision Trading Intensive this weekend…
Sold out once again… super stoked…. ;)
Can attend a free workshop in the future to find out more, make sure you are on Joey email list, more info here for now…
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