UMALong
UMA - Vertical pump and retreat, so get TP in place!
As seen from the chart UMA has the ability to post very fast significant gains, and retreat quickly as well.
2 possible entries with reasonable risk to reward, but as the title says, get your TPs in place, maybe even a trailing stop so if the pump doesn't reach your TP, you don't give all the gains back.
I was alerted to UMA by someone I follow who is predicting a Total 2 crash of 15-20% in the next 2 weeks, so that will be interesting to watch (if he's right I'll post his name here).
Is it possible we will be out of leveraged longs with new bargain orders in place (ready) if it happens - sure.
Is it probable - no (will have thought about it only!)
2 possible entries with reasonable risk to reward, but as the title says, get your TPs in place, maybe even a trailing stop so if the pump doesn't reach your TP, you don't give all the gains back.
I was alerted to UMA by someone I follow who is predicting a Total 2 crash of 15-20% in the next 2 weeks, so that will be interesting to watch (if he's right I'll post his name here).
Is it possible we will be out of leveraged longs with new bargain orders in place (ready) if it happens - sure.
Is it probable - no (will have thought about it only!)
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.