NATGAS is lining up to break out of this bullish consolidation structure/ bull flag and reaching its next resistance zone around 3.4-3.5.
This resistance also coincides with the measured move of this bull flag.
Upon entering on the breakout my SL would be below the previous lows giving a 2-1 RR.
This resistance also coincides with the measured move of this bull flag.
Upon entering on the breakout my SL would be below the previous lows giving a 2-1 RR.
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NatGas Exploding as predicted!!
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Breaking back into the wedge isn't good, however the trade is still valid until we break down from it. A SL at 2.42 - 2.4 keeps you safe.
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As stated by the last update, trade is still great with a SL at 2.4ish. Looking great for now
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Testing the level! Look out for tomorrows and next weeks price action.
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Breaking through!!!
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PUMPPPP
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First target reached (As updated on Sept 28). Upwards of 75% PROFIT so far 1/3 taken.