Short UNFI

After my previous analysis on this coin, which hit the target exactly, this coin has once again reached the golden point, it seems that wave B has been completed and now we should wait for the corrective wave C
this coin is very volatile and risky . I never trade with leverage higher than 1 and observe capital management on such coins

Trade geschlossen: Stop wurde erreicht

Kommentar:

Sometimes the third wave is expanded with a final micro wave to deceive people and later a fifth wave is created, this happens many times by the market maker to deceive and my previous analysis stopped because of this. But I think the current move could be wave 5, I don't think this move is right with this amount of momentum divergence, also in lower times stronger red candlesticks are forming which shows the trend is gradually weakening. Therefore, I enter the position again with lever 1. Due to the funding rate, I enter with a small volume.
This is just my opinion. Please act only based on your strategy and research.

Trade geschlossen: Ziel wurde erreicht