Comments on the chart
Comment: So far so good...
Comment: Price is moving lower. Idea is still in play
Comment: Nice strong move down today closing bang on support (look left). We could bounce from here but if we slice through then the bearishness is bigger than I thught
Comment: Price closed at its weekly lows on friday. Price is still bearish
Comment: Broke below left support. More downside in store imho...
Comment: Price still proceeding downwards...
Comment: That is tradingview for you. The indicator stops at when the idea is published. The only way to see what it is currently doing is to replot the chart
Comment: I am still bearish Nat Gas
Thanks for your question and thanks for viewing the idea. I expect the idea to get to target but I dont think it will go straight there. For example price as I type is in an area of previous support and I normally expect some reaction upwards. If it slices through then it could more or less go down hard. So I expect it to be stubborn around here but I hope I am not shaken out. By the way I was expecting the usdjpy to go to 104.40 to sell but it went straight down and so I meesed the trade
Thank you for responding. By previous support I assume you mean the pink horizontal level? After dropping out of the large 1-2-3-4-5 channel I do expect a snap-back to try resuming that move up. The heavy volume selling in the green circle is abating and the indicators show a market that want to try to rally. IF it goes up I will watch for a chance to short. All the best.