UDS – Bulls on the Move!

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

📈UDS has been overall bullish trading within the rising channel marked in blue.

This week, UDS has been retesting the lower bound of the channel.

Moreover, the green zone is a strong structure.

🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the lower blue trendline and green structure.

📚 As per my trading style:
As #UDS approaches the blue circle zone, I will be looking for trend-following bullish reversal setups (like a double bottom pattern, trendline break , and so on...)

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Richard Nasr