Here we see a 12345 Impulse Wave followed by what looks to be an ABC Corrective wave. If market conditions stabilize and 
UNITY finds support near the C wave down, this should be the reversal point.
It's important to note that this C wave has two potential targets;
Target 1- $126
Target 2- $112
The best-case scenario is price stabilizes here and retakes the broken trendline, and the worst-case scenario is the targets above.
UNITY finds support near the C wave down, this should be the reversal point. It's important to note that this C wave has two potential targets;
Target 1- $126
Target 2- $112
The best-case scenario is price stabilizes here and retakes the broken trendline, and the worst-case scenario is the targets above.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.