Is UVXY setting up an inverted V reversal? Here's the full picture
REVERSAL — 📉 SHORT
📍 @ 20.51 | Volume: $1.89M
RSI 48 | EMA20: $20.47
📉 Trade Plan:
📉 Entry: 20.40 – 20.60
🛑 Stop: 21.63
🎯 TP1: 18.52
🎯 TP2: 17.22
🎯 TP3: 15.54
This resistance level has rejected price multiple times recently.
Bears on have the momentum — ride it.
Catalyst Is Here 👉 $UVXY 👈 Move Now
#UVXY
REVERSAL — 📉 SHORT
📍 @ 20.51 | Volume: $1.89M
RSI 48 | EMA20: $20.47
📉 Trade Plan:
📉 Entry: 20.40 – 20.60
🛑 Stop: 21.63
🎯 TP1: 18.52
🎯 TP2: 17.22
🎯 TP3: 15.54
This resistance level has rejected price multiple times recently.
Bears on have the momentum — ride it.
Catalyst Is Here 👉 $UVXY 👈 Move Now
#UVXY
