You are being used as exit liquidity in the biggest volatility trap of the week, and you don't even realize it.
$UVXY just staged a massive +40% engineered pump, skyrocketing from the 16.05 lows straight into a brutal rejection at 24.82. Retail is blindly buying this consolidation, praying for a breakout while completely ignoring the glaring exhaustion on the chart. While the masses are drunk on hopium, I am personally building a short position right here to capitalize on the inevitable dump back down to reality.
Here is my personal execution plan for this reversal:
• Entry: 23.00 - 24.50
• Target 1: 21.00
• Target 2: 18.50
• Target 3: 16.50
• Stop Loss: 25.50
The whales have already secured their bags. Protect your capital before the real flush begins.
$UVXY
$UVXY just staged a massive +40% engineered pump, skyrocketing from the 16.05 lows straight into a brutal rejection at 24.82. Retail is blindly buying this consolidation, praying for a breakout while completely ignoring the glaring exhaustion on the chart. While the masses are drunk on hopium, I am personally building a short position right here to capitalize on the inevitable dump back down to reality.
Here is my personal execution plan for this reversal:
• Entry: 23.00 - 24.50
• Target 1: 21.00
• Target 2: 18.50
• Target 3: 16.50
• Stop Loss: 25.50
The whales have already secured their bags. Protect your capital before the real flush begins.
$UVXY
