UCAD Short
Projecting that UCAD will continue short. Looking for price to have a slight pull back off of this zone before pushing to the -27% extension level. I actually think that price as a long way down to go with UCAD. I project UCAD selling down to at least 2.5000 potentially. But Like I always say, I have to see what the market decided to give me. At the 2.5000 is a daily trendline. Would like price to reach this area and then eventually see how it will react to this area.
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.