UNFI stop hunted us before being rejected strongly, bias was on point but set-up slightly too tight.
Nota
BYBIT:UNFIUSDT.P 12h
TP1 would have been reached by now, congrats if you held your short!
Nota
BINANCE:UNFIUSDT.P 4h
Zooming in, we can see price just bounced back on 100EMA (orange) support and is now facing 50MA (gray) resistance. Seems likely to get rejected here and head back down to 200EMA (blue) lower support, where TP2 stands.
Nota
BINANCE:UNFIUSDT.P 12h: TP2 would have been reached
UNFI got rejected on supply zone again and went for 100EMA retest, as previously forecast.
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