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AwesomeAvani
Nov 22, 2022 7:54 PM

YANG China 3X leverage Bear ETF Uptrend Long

Direxion Daily FTSE China Bear 3x SharesArca

Description

After uptrending from a double bottom ealier this month,

by the volume profile YANG looks to recover to 26.85 which is also a good 50% retracement of

the down trend. Moreover, the uptrend could extend to a second target about 32.

This could be a good swing long setup with a great reward for a small risk if setting

the stop loss just below the POC black line at 17.25.
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