UNIUSDTSince posting a few days ago, UNI ran +25% and started to print a flag that developed into a descending triangle.
After the "liquidity run" (see 1-hour) I entered on 5m in the yellow dotted zone for a quick short and ~9%.
PLAN NOW:
1. Bearish Retest of Triangle could provide a further SHORT opportunity to the white pullback zone as a possible target.
2. If the price breaks back into the Descending Triangle look to LONG trapped bears.
This market is dynamic and with patience you can execute laser moves.
As usual Bitcoin rules the direction.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.