Short UNFI

After my previous analysis on this coin, which hit the target exactly, this coin has once again reached the golden point, it seems that wave B has been completed and now we should wait for the corrective wave C
this coin is very volatile and risky . I never trade with leverage higher than 1 and observe capital management on such coins

Trade closed: stop reached

Note

Sometimes the third wave is expanded with a final micro wave to deceive people and later a fifth wave is created, this happens many times by the market maker to deceive and my previous analysis stopped because of this. But I think the current move could be wave 5, I don't think this move is right with this amount of momentum divergence, also in lower times stronger red candlesticks are forming which shows the trend is gradually weakening. Therefore, I enter the position again with lever 1. Due to the funding rate, I enter with a small volume.
This is just my opinion. Please act only based on your strategy and research.

Trade closed: target reached

cazemi

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.

cazemi