UBER is still respecting the rising wedge structure in blue, printing higher lows and maintaining a bullish bias.
As long as price holds above the lower bound of this wedge, the plan remains the same 👇
We will be looking for trend-following long setups.
However, for the bulls to fully take control and kick off the next impulse move, a key confirmation is needed:
A break above the last major high marked in blue.
Until then, it’s structure first… confirmation second.
Holding support = bullish bias
Breaking highs = acceleration 🚀
Will UBER break and run?
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
As long as price holds above the lower bound of this wedge, the plan remains the same 👇
We will be looking for trend-following long setups.
However, for the bulls to fully take control and kick off the next impulse move, a key confirmation is needed:
A break above the last major high marked in blue.
Until then, it’s structure first… confirmation second.
Holding support = bullish bias
Breaking highs = acceleration 🚀
Will UBER break and run?
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Join RichTL - Rule-Based Technical Analysis
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Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join RichTL - Rule-Based Technical Analysis
RichTL.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
RichTL.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
