Replies to post #17374 on Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

[Sendme]

This is that part of TA that does get somewhat confusing. Two patterns fighting against each other, possibly just a part of a larger pattern?
That target just above the green line is just for that W pattern and not for the M bearish pattern which is also part of a H&S pattern. Purple line would be my idea of the neckline.


Possibly a bullish flag forming down to the fib .50?


The green purple and red lines are exact clones of each other and suggest any type of continuation move to the upside eventually if the patterns hold support.