long ng. double divergence. type 2 on weekly and type 1 on daily. decent support location. would be very nice to see weekly close above 2.84. possible turtle soup patter on weekly.
down side -- still another 10% to stop location... opening really small position here
Trade closed: target reached
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closed UGAZ. in 10.50 out 12.75
reached a possible resistance point, will add on a retrace.
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ng should close above 2.934 end of Q3
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still holding longs
looks like consolidation. purple box looks like possible order block, black line should hold to confirm.
break of 3.12 would give us a break in weekly bearish market structure.
seasonal charts show sept - november as typically bullish cycles