UVXY: Long term Buy opportunity.
The ProShares Ultra VIX Short-Term Futures ETF is approaching the April bottom and the symmetrical Lower Low on the 1M Falling Wedge. Being oversold (RSI = 6.651, MACD = -1698.076) a strong cyclical rebound is expected on a very structured and recurring candle pattern. We are on a long term buy on UVXY with TP = 75.00.
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Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial