The long position from this trade has entered the profit-taking zone. +476.42% is not the end, but I’ll take some off first. This move in
$UNI from 6.051 was driven by a retest confirmation after the breakout, not by chasing the rally. I’m handling it 70/30: take 70% off the table first and watch the previous high with the remaining position.
There was some shakeout and wick activity intraday, but key levels held, with buying support remaining steady. I don’t watch many indicators, mainly previous highs, previous lows, and volume-price action; moving averages are only supplementary.
As long as