Those who enjoy being on the short side of the market currently find their luck in NATGAS. Although there was an impulsive increase on Wednesday, it seems to have been short-lived. Therefore, it is to be expected that NATGAS is embarking on a new bear market rally and recent lows will be undercut once again. After reaching the indicated price target, further recovery can be expected. Only then will it be seen whether NATGAS can recover sustainably or even lower prices are to be expected.
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Going down. Zero Boosts so far. Tells me I'm right 😅
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Unfortunately, NATGAS opened with a 6% upside gap, so our book profits from Friday have disappeared. We are keeping the short position open and are relying on our setup and our stop loss. Control your risk and everything will be fine
Trade closed: stop reached
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That's part of the game ;)
Trade active
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We opened a new short position.
SL: 2,149 TP: 1,472 RRR: 1.43:1
Trade closed manually
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We close this now and realized 0.85R, giving most of the losing trade back. Please stand by for our new NATGAS analysis. Next time on NG (Futures Market).