meszaros

DGAZ exchange rate is rising...

Long
AMEX:DGAZ   None
DGAZ exchange rate is rising. The exchange rate fell two full waves. ATR based on half a month ATR distance. Let's take a second here. The exchange rates can correct even monthly ATR distances. See. EURUSD. But if this were to happen, the price tag would have to be close to minus 27 usd. This is a false idea. Now a monthly party turns to ATR level, which is suitable for rising. If the theory remains correct, the exchange rate may rise to nearly 33 USD. Then a minor correction. The bigger rise comes from here. This can last up to 58 usd. Then a half-wave correction and a whole new wave up. The peak of the last wave will reach 76 usd levels by the middle of next year. This level is exactly 50% back test of the 2-month fall of 2 months.

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