Example of a uptrend channel on ETF Market
Uptrend channel on JNUG, indicating bounces for possible long/short position evaluation within channel's limits. You can also evaluate short position at the breakpoint, confirming the bearish trend with the MA indicator.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.