UMA/USDT Potential parabolic move

UMA/USDT is forming a very similar pattern to what IOST/USDT pair formed before a strong Bullish move. This pattern offers a good risk to reward ratio since the invalidation of the idea is right below the swing low.
Falling to form a Lower Low multiple times indicates strength in the market.

Here is a snapshot of IOST/USDT:


Hope everyone is making good money.
Cheers :D