The UMAUSDT pair has completed its bearish Head and Shoulders (SHS) pattern target and has identified an immediate bottom. This development suggests that the price is poised for an upside rally starting from the current levels, heading towards a target that is illustrated on the chart. The buy back zone is recommended as an optimal area for accumulation, with the potential for this level to provide significant returns in the ensuing market movements.
We are advised to exercise caution by employing a sound stop-loss strategy to mitigate risk.
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Please note that while the information provided is based on current chart patterns and technical analysis, market conditions can change, and past performance is not indicative of future results. Always ensure to do your own research and consider multiple sources before making any trading decisions.
We are advised to exercise caution by employing a sound stop-loss strategy to mitigate risk.
Your insights and feedback on this analysis are highly valued, and we encourage you to leave your comments and likes as a form of engagement.
Thank you for your interaction and support.
Please note that while the information provided is based on current chart patterns and technical analysis, market conditions can change, and past performance is not indicative of future results. Always ensure to do your own research and consider multiple sources before making any trading decisions.
Trade closed: target reached
Price reach 3.332 with profit of about 87% move.Trade active
Trade active
Trade active
Trade active
Uma price heading for pullback towards important and confluence support area, this pullback is for BUY, focus on Buy back Area for this.Trade active
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📢Follow the official links only! Trade smart, stay safe! 🎯
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
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.