Go Long if price breaks and holds above 2.870 level ( GREEN LINE).......with a TGT Profit @ level 1.165 (GOLD LINE)
Go Short if price breaks and holds below 2.517 level (RED LINE).......with a TGT Profit @ level 2.283 (GOLD LINE)
Comments
MartinX
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2.87 was not reached, but nevertheless it seems to me it could go up more, it has been steadily rising and volume in UNG and UGAZ was double the normal, your thoughts ?
Kevin_raging_bull_Orlando
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@MartinX, yes I know the 2.87 level wasn't reached as this wasn't a day trading setup for fri........it's more of a breakout/breakdown trade strategy in that one doesn't know the direction at the moment. your second part I am not sure about those 2 symbols as I don t really follow them or know about them