$UAI lost the 0.05 level (current price: 0.052, now back above the level).
Price action has returned to the original side of the level. That earlier move was more likely a wick, so don't mistake it for a trend reversal.
After an unusual move, the market often enters a period of consolidation. How that consolidation unfolds determines the direction of the next move.
Price action has returned to the original side of the level. That earlier move was more likely a wick, so don't mistake it for a trend reversal.
After an unusual move, the market often enters a period of consolidation. How that consolidation unfolds determines the direction of the next move.