U - Unity Software Continuation Long
We've opened a leveraged continuation long on Unity software. Our larger setup hit it's first TP before retracing.
There is clear bullish divergence maturing, along with a falling wedge breakout on the 4h, all happening at a key level of significance.
Above this level in history, we have always gone to a minimum of 39$, hence the first TP.
The 4h set up can be seen below:
There is clear bullish divergence maturing, along with a falling wedge breakout on the 4h, all happening at a key level of significance.
Above this level in history, we have always gone to a minimum of 39$, hence the first TP.
The 4h set up can be seen below:
Comment:
Wanted to go back o this one to repeat on the importance of stop losses and levels, as you can see after we took that level out we came all the way back here, where one could strategise an entry again if they wanted.