flyhorse

Natgas - rebound phase - short

Short
flyhorse Updated   
PEPPERSTONE:NATGAS   Natural Gas (Spot)
I want to be honest..
The rally long was a surprise for me, I expected a long phase but without this momentum.
It was really strange because we have a big storage increase more than last year and I expected a long phase but more flat.

so I think now we can have a rebound of price until support area more or less 2$ before the last long (if we will have).

The doubt if we have close or not the wave C ..
In any case I try a short position with small size and small risk.
Stop 2.8$
target 2$
Trade active:
open short position from 2.9$
Stop 3.1
target 2 first
Comment:
two position opened and active (remember my stop is only at the end of day)

Comment:
pull back on going
Protect your position

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