Hey friends, UGI CORP is in a bullish configuration with a return of executed buy volume and a hammer candle. Looking at the TIMEFRAME M1 we see a marubozu with a low volume of purchase issued, it goes towards the top of the comfort zone to test it. There is a good chance of breaking out the zone then subsequently the zone to land in the next one. In order to test the highest of the bollinger and go to the next high.
With an adjustment (on the TIMEFRAME H1) with an excess (on the TIMEFRAME H4) before breakout of a comfort zone. Two excess with closing of a bearish breakout gap Not enough buying force to test the median of ANDREWS PITCHFORK.
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With an adjustment (on the TIMEFRAME H1) with an excess (on the TIMEFRAME H4) before breakout of a comfort zone. Two excess with closing of a bearish breakout gap Not enough buying force to test the median of ANDREWS PITCHFORK.
Please LIKE & FOLLOW, thank you!