Uniswap has recently broken out of a descending wedge, which is a common reversal pattern. After breaking out, we appear to be coming back to the lows - possibly double bottom, which is another reversal pattern. Both the descending wedge and double bottom patterns are indicating that we may get a bullish reversal very soon!
Trade Idea:
- Watch for price action around the double bottom region
- Once bullish PA appears, enter with stops below the lows
- Targets: 28, 44, actively manage the rest
Goodluck and as always, trade safe!
Trade Idea:
- Watch for price action around the double bottom region
- Once bullish PA appears, enter with stops below the lows
- Targets: 28, 44, actively manage the rest
Goodluck and as always, trade safe!
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Want more chart ups like this? Click the links below:
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。