Trade War Volatility! VIXY Pending a Breakout
VIXY is getting ready for a breakout. Currently testing the MA30. If it passes this test with a strong move above, I think this is a buy. Wait for a retest of the MA30 before entering.
My goal is to find the best risk:reward setups. For instance, if you risk $1,000 at a chance to make $5,000, you can afford to be wrong 4 out of 5 times and still not lose money. I hit my targets over 50% of the time.