Potential Long on UC
I am not really sure about this. The area of interest is a 50% POI, and the next SWL is doable, but beyond that, not really. 20 PIP + SL aren't good.
Ideally, the price would come down lower to the prior areas of mitigation and sweep, and then back up, which would be the best option, but it may not as we have a WH at the top, and the momentum is bullish.
Ideally, the price would come down lower to the prior areas of mitigation and sweep, and then back up, which would be the best option, but it may not as we have a WH at the top, and the momentum is bullish.
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