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
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