UDS is still overall bullish inside a rising channel.
After a sharp markup, price pulled back into the previous consolidation base (green zone), which now overlaps with the channel’s lower boundary — a classic confluence area.
Key levels
Support: 1.05–1.15 (prior base / channel low)
Resistance: 1.30 → 1.45 (recent swing supply)
Why it matters
- Structure remains up while higher-timeframe channel holds.
- Pullback into old range highs + trendline = a spot where bulls often reload.
Scenarios
- Bullish 📈 Hold the green zone and print a higher low → continuation toward 1.30, then 1.45 if momentum persists.
- Bearish 📉 Daily close below the channel low → deeper correction before buyers try again.
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
After a sharp markup, price pulled back into the previous consolidation base (green zone), which now overlaps with the channel’s lower boundary — a classic confluence area.
Key levels
Support: 1.05–1.15 (prior base / channel low)
Resistance: 1.30 → 1.45 (recent swing supply)
Why it matters
- Structure remains up while higher-timeframe channel holds.
- Pullback into old range highs + trendline = a spot where bulls often reload.
Scenarios
- Bullish 📈 Hold the green zone and print a higher low → continuation toward 1.30, then 1.45 if momentum persists.
- Bearish 📉 Daily close below the channel low → deeper correction before buyers try again.
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
RichTL
RichTL.com
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RichTL.com
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t.me/thesignalyst
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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.
RichTL
RichTL.com
Telegram
t.me/thesignalyst
Best Crypto Exchange
cutt.ly/qtwKuPaJ
CFD Broker
cutt.ly/TickmillReal
Best Crypto Prop Firm
cutt.ly/Hyrotrader
Best Crypto Trading Bots
cutt.ly/Bitsgap1
RichTL.com
Telegram
t.me/thesignalyst
Best Crypto Exchange
cutt.ly/qtwKuPaJ
CFD Broker
cutt.ly/TickmillReal
Best Crypto Prop Firm
cutt.ly/Hyrotrader
Best Crypto Trading Bots
cutt.ly/Bitsgap1
免責聲明
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.
