UNI is breaking out of its market structure, with a clear burst of buying pressure. This UNI setup is looking primed for a long trade, given the confluence of key levels.
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$UNI LONG 📈
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📍 Entry Range: $3.5594 – $3.5666
🛑 Stop Loss: $3.4561 (-3.0%)
🎯 TP1: $3.6164 (+1.5%)
🏆 TP2: $3.7412 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 88%
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The CHoCH signal fired on the break of market structure, while CVD is confirming the direction with increasing volume, and we've also got a clear FVG that's now being retested - all of this is overlapping with an OB, making this zone incredibly significant. The POI confluence here, where OB and FVG overlap, is especially compelling, indicating a strong potential for a bounce. Structure-wise, this looks like a textbook reversal zone.
With a 3.0% stop loss, this is a relatively tight setup, so leverage will need to be adjusted accordingly to manage risk, likely fitting best with lower to moderate leverage trades.
Taking partial profits at TP1 makes sense, as it allows us to lock in some gains while still giving the trade room to work towards the full target, potentially maximizing returns.
Not financial advice — always manage your own risk 🙏
$UNI #UNI #AKE #TradingSignals #Write2Earn