The market is absolutely volatile and this is when you make the quickest gain or loose fast too.
I think UCAD will continue its downtrend . The purple lines will guide you in taking profits.
A more conservative approach will be to wait for break and retest of that hourly counter-trendline.
Either way, the trend is down
I think UCAD will continue its downtrend . The purple lines will guide you in taking profits.
A more conservative approach will be to wait for break and retest of that hourly counter-trendline.
Either way, the trend is down
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.