this is the first actual pull back in price since UJ's bullish run that started during election night.
most times there will at least be a double top or retest of a high before price completely drops. we have yet to see that.
-price has been sitting on the 38 fib which also lines up with the 112.5 quarter point. price has failed to completely break the quarter point twice which indicates the bullish move is next.
-calling roughly 500+ pip move starting sometime in the next 24-36 hours.
most times there will at least be a double top or retest of a high before price completely drops. we have yet to see that.
-price has been sitting on the 38 fib which also lines up with the 112.5 quarter point. price has failed to completely break the quarter point twice which indicates the bullish move is next.
-calling roughly 500+ pip move starting sometime in the next 24-36 hours.