You can never have too much Uranium
This long is counter trend in some TF's. But price continues to opt-in for long as it breaks through several sources of confluence.
Most importantly the trade has a low risk / reward ratio.
Possible Context (not factored into trade):
Most importantly the trade has a low risk / reward ratio.
Possible Context (not factored into trade):
- Evolving currencies in the East are said to be backed by a broad basket of commodities.
- A move towards Uranium as an energy source.
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.