URA: Uranium ETF bottomed after a terminal pattern completion?

It's possible the Uranium ETF $URA has bottomed here. If this is the case, we can expect a rapid rally as depicted on chart. Odds are low, but risk/reward is significant if this trade works well. You can enter with a tight stop under the lows, or risk 3x the ATR value down from entry.

Good luck!

Ivan Labrie.

Yorum:

Nice action so far.

Yorum:

Limited time to hit the target here...if not reached in time, it might not be a terminal triangle, or at least, not how I depicted it.

Yorum:

Acting well, if it holds here it will continue higher.