Evening Traders,
Today’s analysis – UNIUSDT – trading at a key trade location where an impulse is probable,
Points to consider,
- Price Action Impulsive
- Local S/R Support
(POC & 21 EMA Support)
- Oscillators Bullish Control Zones
- Swing High Objective
UNIUSDT’s immediate price action is impulsive, trading at the Local S/R that is in confluence with the 21 EMA and POC S/R, this allows for a bullish bias.
The Oscillators are currently trading in their respective bullish control zones, this is indicative of strength in the immediate short-term.
The Swing High is current objective; price action exceeding this level will increase the probability of a trend continuation.
Overall, in my opinion, UNIUSDT is a valid long with defined risk; price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember.
“The hard, cold reality of trading is that every trade has an uncertain outcome.” ― Mark Douglas,
Today’s analysis – UNIUSDT – trading at a key trade location where an impulse is probable,
Points to consider,
- Price Action Impulsive
- Local S/R Support
(POC & 21 EMA Support)
- Oscillators Bullish Control Zones
- Swing High Objective
UNIUSDT’s immediate price action is impulsive, trading at the Local S/R that is in confluence with the 21 EMA and POC S/R, this allows for a bullish bias.
The Oscillators are currently trading in their respective bullish control zones, this is indicative of strength in the immediate short-term.
The Swing High is current objective; price action exceeding this level will increase the probability of a trend continuation.
Overall, in my opinion, UNIUSDT is a valid long with defined risk; price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember.
“The hard, cold reality of trading is that every trade has an uncertain outcome.” ― Mark Douglas,
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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.
Join the Free Trading Group
Telegram: t.me/freetradingden 🔥
Unlock Blofin Bonuses
Trade with perks & support the community!
blofin.com/invite/alchemisttrader 🎁
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Telegram: t.me/freetradingden 🔥
Unlock Blofin Bonuses
Trade with perks & support the community!
blofin.com/invite/alchemisttrader 🎁
Stay sharp, trade smart.
— Team The Alchemist ⚔️
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.