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EthanTW
Oct 26, 2021 1:32 PM

UNIUSDT - Buying opportunity of W pattern! Long

UNIUSDT SPOTBybit

Description

BYBIT:UNIUSDT
1H trend chart
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UNI is building a Big W pattern.
Now it has broken out the neckline of W in 1H chart.
If price can stand firm here without long upper shadow line, trading strategy as below.
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Profit Targets:
a) 29.539~29.905---Fib(1.5~1.618)
b) 31.090-----Fib(2)

Stop losses:
a) 27.466-----(Red horizontal ray)
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Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading
Comments
Joker576
can you please do analysis for TLM (Binance) Thanks, you can check my TA for this and modify maybe
EthanTW
@Joker576, will do it later
Joker576
stoploss hit for this one
EthanTW
@Joker576 Nah, because there is no reason I mentioned to take entry lol
Joker576
@EthanTW, Lol sorry, i commented by mistake on this, i have few tabs open lol
Joker576
@Joker576, or maybe i commented on right one, if you play, you can see the SL hit
EthanTW
@Joker576, you commented on right, what I mean is the condition to take entry haven't showed.
So you should not have any loss in this plan lol.
Because we haven't enter it yet.
Joker576
@EthanTW, Yup My bad, sorry.
michaeltingson66
so close it did not manage to close above 27.9888
michaeltingson66
@michaeltingson66 in the 4 hr
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