NATGAZUSD - My trade

I have enter in the blue box because the chart was showing a consolidation since April 2. What comes after a consolidation? An impulsion! So here we are.

- After confirmation that the consolidation A-B-C was over, I looked for an entry point. When it tagged the 0.5 Fibo, I triggered the short.

Let's see what is coming

Take care
MartB

Comment:

When I reviewed my trade, I should have taken my short on May 7 at 1.89 to be a perfect one. Now we have 3 scenarios:

1- (bearish) If daily impulsion, we will break 1.40 like butter
2- (bearish) Can you back to 1.75-1.80 retesting the pink line. Would think to add at my short if so
3- (bullish) We bounce at 1.43-1.45 agressively. NO INSIDE CANDLE

Let's see what will happen!

Comment:

Scenario 2 is playing out. The only concerning thing is the force of the candle. We would have prefer 2 or 3 days up with 3-4% each. Let's see what happen at the pink line