UNI is BULLISH

21 thg 9, 2020

The bottom trend line of the falling wedge is being avoided at all costs. There is only 3 touches of that trend line. We could have had a 4th touch but it was bought up. **The more touches you have on a line, the chances are that you will break through the line**. Now look at the top trend line of the falling wedge; we are constantly touching it and already had one breakout that failed. (That's okay). We currently broke out again, now we need to get a fork support and we are off to the .786 fibonacci retracement.