Triangle has played well in both directions $UGAZ $DGAZ

On Oct 2nd NG was not able to touch the bottom of triangle, but it did today (perfectly positioned with our daily Bollinger lower band). It's now time to go long and make our first stop somewhere above 2.95's. Keep in mind the triangle is getting narrower and we make have a breakout which is why this may be a multi-stop trip. I started my position in UGAZ at $10.37.
Chart PatternsTechnical IndicatorsTrend Analysis

Also on:

Disclaimer