Triangle for climbing
As you can see in the chart, the UNI currency is forming a triangle pattern, and this triangle pattern has a special feature based on the uptrend.
However, if we leave out the triangle pattern. There is another issue that not only resists the fall of
this currency but also supports the rise of the price, which is the support and resistance zone in the price range of 29.8 - 30.3 dollars.
This support zone has a total of several support components, including:
Ichimoku Cloud, Moving Average 50-100-200, Fibonacci 0.76 and Triangle Floor
With the price rising and the upward triangle breaking, the upward trend is expected to continue up to the channel ceiling.
As you can see in the chart, the UNI currency is forming a triangle pattern, and this triangle pattern has a special feature based on the uptrend.
However, if we leave out the triangle pattern. There is another issue that not only resists the fall of
this currency but also supports the rise of the price, which is the support and resistance zone in the price range of 29.8 - 30.3 dollars.
This support zone has a total of several support components, including:
Ichimoku Cloud, Moving Average 50-100-200, Fibonacci 0.76 and Triangle Floor
With the price rising and the upward triangle breaking, the upward trend is expected to continue up to the channel ceiling.