After completing a five-wave impulsive move to the upside, UNI now appears to have entered a corrective A–B–C pattern.
Additionally, a head and shoulders formation has already broken down and been retested, further confirming bearish momentum. All signals currently point toward a downward continuation.
On the 15-minute timeframe, a mini bear flag has also formed, which strengthens this bearish outlook.
Good Luck.
Additionally, a head and shoulders formation has already broken down and been retested, further confirming bearish momentum. All signals currently point toward a downward continuation.
On the 15-minute timeframe, a mini bear flag has also formed, which strengthens this bearish outlook.
Good Luck.
Trade active
Order cancelled
Breakeven activated before main TP.
Related publications
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.
Related publications
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.