UXLINK ANALYSIS (8H)From the point where we placed the green arrow on the chart, an expanding triangle began, and the pattern completed at the point where we placed the red arrow.
Now, the price seems to be in a correction, which appears to be either a Diametric or Symmetric pattern. Currently, it looks like we are in wave D of this structure.
We expect a drop from the red box. Demand 1 is a temporary rebuy zone, while Demand 2 is a suitable area for a set-and-forget approach with good gains.
Let's see what happens!
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
UXLINKUSD
UXLINK looks bullishFrom where we put the red arrow on the chart, it looks like the UXLINK correction has started.
This correction seems to be a diametric.
Candles have hit an important support.
The E wave trigger line is broken.
The price can go up to the red box for wave F.
Closing a daily candle below the invaliation level will violate this analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You