🔄 $UVXY flushed -16.4%, buyers are stepping in
LONG · 1H
Entry: $19.177 - $19.29
TP1: $20.798
TP2: $21.245
TP3: $21.692
SL: $18.664
$UVXY dumped -16.4% in the last 24 hours. RSI is deeply oversold on the 1H, volume hit a climax at the extreme and a strong rejection wick formed at the lows. Entry is on the first 15M strength, targets are the 0.382, 0.5 and 0.618 retracements of the dump.
#UVXY #Futures · NFA
LONG · 1H
Entry: $19.177 - $19.29
TP1: $20.798
TP2: $21.245
TP3: $21.692
SL: $18.664
$UVXY dumped -16.4% in the last 24 hours. RSI is deeply oversold on the 1H, volume hit a climax at the extreme and a strong rejection wick formed at the lows. Entry is on the first 15M strength, targets are the 0.382, 0.5 and 0.618 retracements of the dump.
#UVXY #Futures · NFA