UAVS - The Upside You're Looking For May Not Be Far Away

UAVS

All information on chart, I will post additional screenshots of indicators for sake of screen real estate on posted chart.

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BULLISH INDICATIONS ON CHARTS BELOW
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⬇ 3D TF ON LEFT, 2D TF ON RIGHT ⬇

⬇ 1D TF ON LEFT, 12H TF ON RIGHT ⬇

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I hope you find this analysis useful for where we may be heading as well as points of interest to corroborate the journey.

Use risk management and a stoploss, always!!
Cheers, and happy trading!

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PLEASE READ:

So sorry, but I didn't update the 1D Oscillator text which should say bearish divergence. Which is why we may be going lower for a time. 🐻

Trade active:

Price is within the Massive Support zone, the price action is currently just above the Point of Control in the Volume Profile, which we want price to stay above if we are going to see these higher penetrations. We espcially want the $1.39-1.40 level to be broken and supported by increasing volume for the eventual breakout from this consolidation area.

Also we are seeing a bullish divergence on several intraday time periods and oscillators.

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Volume Profile Indicates we are moving on top of the volume area and highest volume node to an area that price will typically tear through quite easily.

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:::THIS IS NOT FINANCIAL ADVICE:::

Trade active:

Initial Target Area Reached

Trade closed: target reached:

All Targets reached, as well as eventual targets that were shown as the purple dashed lines. 👍