💡Don't miss the great buy opportunity in UMAUSD

20 Okt 2021

Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (12.006).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. UMAUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 65

Take Profits:
TP1= @ 14.392
TP2= @ 15.323
TP3= @ 17.035
TP4= @ 18.598
TP5= @ 20.943

SL= Break below S2

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