UNO had a deep correction. Price is in oversold range with bullish divergence. Looking at pattern we see similar pattern to GHX before it blasted up to test Oct/Nov 2021 pivot.
I expect similar move from UNO which would bring price to ATH range and there very likely rejection causing price to pull back to fibb 0.5 S/R range.
I expect similar move from UNO which would bring price to ATH range and there very likely rejection causing price to pull back to fibb 0.5 S/R range.
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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.