In our last analysis of Uniswap, we identified the reversal wedge. We had an extended E wave but we stayed within the parameters of the wedge and it appears we will be breaking out very soon!
Trade Idea:
- Possible entry now with stops below the recent lows
- Confirmed breakout entry after breakout of descending wedge
- enter with stops below the lows
- Targets: 28, 44, actively manage the rest.
Goodluck!
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