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SimplyShowMeTheMoney
May 23, 2022 7:14 PM

$UVXY 24 hours max! in and out 👁‍🗨 Long

ProShares Trust Ultra VIX Short Term Futures ETFArca

Description

*This is not financial advice, so trade at your own risks*

*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*

*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management

My team purchased shares of Inverse ETF UVXY this afternoon. This set-up will challenge our 1-hour chart abilities.

Our first take profit is set at $18. Our take profit 2 at $20 may or may not get hit. We have also set an automatic stop-loss at $14.25.


ENTRY: $15.50
TAKE PROFIT 1: $18
TAKE PROFIT 2: $20
STOP LOSS: $14.25

If you want to see more, please like and follow us @SimplyShowMeTheMoney

Comment

24-hours was wishful thinking. We will not touch this position unless it hits our automatic stop-loss at $14.25 or reaches our take-profits.

Comment

Closing out at $15
Comments
3kovin
This instrument does not has any levels
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