I have identified 3 different types of similar variations in URNM and URA ETFS which show us that we could be in a cusp of a huge explosive move to the upside.
These shakeout patterns are almost identical to each other with the same behavioural patterns before a big move to the upside. 2 humps which are almost like a H&S pattern followed by a huge flush down to break the upwards trend then bouncing off the 200 DMA with a complete reversal to the upside.
All of this is happening at the same time we are bottoming on the URNM/UX1! ratio with huge positive divergence on momentum indicators
These shakeout patterns are almost identical to each other with the same behavioural patterns before a big move to the upside. 2 humps which are almost like a H&S pattern followed by a huge flush down to break the upwards trend then bouncing off the 200 DMA with a complete reversal to the upside.
All of this is happening at the same time we are bottoming on the URNM/UX1! ratio with huge positive divergence on momentum indicators
