UNIUSD (uniswap) triangle breakout retest or upward channel?

Either way, unless something changes looks like positive developments

Commentaire:

triangle breakout consolidated and invalidated
upward parallel channel still in play but high risk if it does not rebound soon

Trade fermée: ordre d’arrêt atteint:

both the triangle breakout and upward channel was hit (broken)
turned bearish when it dropped below 8.74

Commentaire:

had my attention somewhere else and hindsight is 20/20

but wanted to point out a classic case of whiplash here
very common in trading (and crypto)
and something you just have to live with, learn from and move on

the previously identified level was reclaimed (8.74), retested, confirmed and off it went