Natural Gas Countertrend Rally Position Planning
This chart is position planning based on the Daily Cycles Target and Countertrend Rally charts published last week.
Patiently waiting for this rally to fail.
UNG puts take advantage of the expected decay.
Enter on confirmed bearish hourly trend change.
Exits:
extreme bullish reversal, exit if hourly down trend fails
bullish daily higher low, exit on hourly uptrend confirmed
bearish continuation, assess situation at each price target
Patiently waiting for this rally to fail.
UNG puts take advantage of the expected decay.
Enter on confirmed bearish hourly trend change.
Exits:
extreme bullish reversal, exit if hourly down trend fails
bullish daily higher low, exit on hourly uptrend confirmed
bearish continuation, assess situation at each price target
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.
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.