After a 22 months long bear market UNI finally breaks the market structure.
Deviation -> Reclaim -> Consolidation -> Breakout
To me it looks good. Targeting the red area.
Deviation -> Reclaim -> Consolidation -> Breakout
To me it looks good. Targeting the red area.
Trade closed manually:
The setup has become suboptimal. It's taking too long to show the slightest sign of strength.
Trade closed manually
If it goes back into the pattern I wouldn't be as much optimistic on the idea.
Below $5.2 the deviation thesis gets invalidated.