Uniswap is breaking out and looking for a safe trade here.
RISK-REWARD
The Risk to Reward ratio on this trade is 7.2 so it is quite high, we recommend to close 75% of the position at the $7.7 area.
POSITION SIZING
We would not recommend anytime to open position more than 2-5% of your balance, but in this trade we are currently opening a 5% trade
I am so grateful for the support and engagement of my readers. Thank you for taking the time to read my analysis and for providing valuable feedback and insights. Your support means a lot to me and it's an honor to be able to share my knowledge and experience with you. I am constantly inspired by the community on TradingView and I look forward to continuing to learn and grow together. Thank you again for your support and for making this journey so enjoyable!
RISK-REWARD
The Risk to Reward ratio on this trade is 7.2 so it is quite high, we recommend to close 75% of the position at the $7.7 area.
POSITION SIZING
We would not recommend anytime to open position more than 2-5% of your balance, but in this trade we are currently opening a 5% trade
I am so grateful for the support and engagement of my readers. Thank you for taking the time to read my analysis and for providing valuable feedback and insights. Your support means a lot to me and it's an honor to be able to share my knowledge and experience with you. I am constantly inspired by the community on TradingView and I look forward to continuing to learn and grow together. Thank you again for your support and for making this journey so enjoyable!