UNIUSD (uniswap) triangle breakout retest or upward channel?
Either way, unless something changes looks like positive developments
Trade closed: stop reached:
both the triangle breakout and upward channel was hit (broken)
turned bearish when it dropped below 8.74
turned bearish when it dropped below 8.74
Comment:
had my attention somewhere else and hindsight is 20/20
but wanted to point out a classic case of whiplash here
very common in trading (and crypto)
and something you just have to live with, learn from and move on
the previously identified level was reclaimed (8.74), retested, confirmed and off it went
but wanted to point out a classic case of whiplash here
very common in trading (and crypto)
and something you just have to live with, learn from and move on
the previously identified level was reclaimed (8.74), retested, confirmed and off it went
upward parallel channel still in play but high risk if it does not rebound soon