AMEX:UNG   UNITED STATES NATURAL GAS FUND LP
104 views
8
104 0
First, here is how I see the current uptrend unfolding.

The point of this post is to show my thought process. It's not to predict either a top or a bottom here, but merely to point out the current probabilities based on the pattern. The fact that the variations of the count on 4H have opposite implications on direction mean it's not worth risking money here at this juncture.

Looking at the daily chart , what I plan to do is to see how the next major correction (which has not started yet) unfolds. Because it can certainly continue higher, I don't want to get in front of the correction. Where and how the correction terminates, however, should help to provide more clarity in defining the nature of this uptrend.

Finding support around the prior wave 4 or the 61.8% retrace level, and with a corrective abc structure will go a long way toward a bullish outcome.
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Startseite Aktien-Screener Devisen-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden