Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

[Sendme]

If you link back and look at the bottom chart, this is why I like to use the trend lines and formulas. Do I always have the guts to trade them perfectly, not quite yet. LOL sometimes the targets seem way out there, but they hit more often than not to just ignore them.

Congrats to all who traded DGAZ this week.



We once again have what I like to call a signal candle this morning on the 60 minute chart (I drew it in since the chart does not show pre market activity). A confirmation of a break out would be a higher price at least 3 candles later after market opens.


NG 15 minute chart needs some time to see if it puts in any type of pattern/divergence.

Inverted cup and handle ?


looks like NG had a nice rounding top pattern. I am just learning about it and it's potential target, here is the link for the pattern info and possible targets it suggests.

https://learn.tradimo.com/advanced-chart-patterns/rounded-top-and-bottom