Hey dear patrons, hope you are well, and welcome to the new update on Uniswap (UNI).
Now on the 2-day time frame chart, the price action has formed a big bullish BAT pattern.
Buy and sell targets:
Buy between: $16.63 to $14.93
Sell between: $20.69 to $26.77
Stop loss:
The maximum extent of potential reversal zone $14.93 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a huge profit possibility of 79%, and the a high loss possibility is 11%. Therefore try to buy it within the potential reversal zone as low as possible.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Now on the 2-day time frame chart, the price action has formed a big bullish BAT pattern.
Buy and sell targets:
Buy between: $16.63 to $14.93
Sell between: $20.69 to $26.77
Stop loss:
The maximum extent of potential reversal zone $14.93 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a huge profit possibility of 79%, and the a high loss possibility is 11%. Therefore try to buy it within the potential reversal zone as low as possible.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Trade closed: target reached
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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 supplied or endorsed by TradingView. Read more in the Terms of Use.
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.