$UNFI/USDT 8h (Binance Futures) Descending wedge breakout

15 thg 6, 2021

Unifi Protocol DAO broke-out and is looking ready for bullish continuation after a last pull-back!

Current Price= 9.247
Buy Entry= 8.560 - 7.870
Take Profit= 10.877 | 13.305 | 16.295
Stop Loss= 6.435

Risk/Reward= 1:1.5 | 1:2.86 | 1:4.54
Expected Profit= +32.40% | +61.96% | +98.36%
Possible Loss= -21.67%

Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 3 weeks

18 thg 6, 2021

Ghi chú

Went straight up almost hitting TP1

Unifi has not pulled back (yet) and directly regained 50MA. entry seems to be far away now but let's be patient!

18 thg 6, 2021

Giao dịch đang hoạt động

First entry filled

Unifi did not forget about us and finally pulled back, patience paying off!

21 thg 6, 2021

Giao dịch đang hoạt động

Second entry filled

Unifi retested the wedge again and almost broke-down, last chance for a bounce!

22 thg 6, 2021

Đóng lệnh: dừng lỗ

SL hit with -21.67% and -1R

Unifi lost trendline support and went for Fib 1 retest, even making a Lower Low here (LL)