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Daniel.T

NATGAS up?

Long
CFDs on Natural Gas (OANDA:NATGASUSD)  
Daniel.T Updated   
OANDA:NATGASUSD   CFDs on Natural Gas
natgas NATURAL GAS Energy Commodities swingtrade countertrend
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natgas natgasusd energy swingtrade countertrend
NATGASUSD failed to make a lower low and is testing resistance at 3.3
I'm already bought earlier this day at 3.21 with very tight stop-los but will add extra positions if it can brake resistance and move above the 10 Daily EMA.
I will update later on.
Comment:
Price "fighting" with 10 Daily EMA and again trying to brake resistance at 3.3 and also trying to brake R3 & R4 pivots. If it brakes I'm 100 bullish.
snapshot
Comment:
EIA data was good. (Decline in gas inventory is more than expected) So we see a nice move up with a 3.42 spike
snapshot
Comment:
First target is around 3.8 for me
Comment:
Previous resistance becomes support.
Trade looking good so far.
snapshot
Comment:
Price at 10 Daily EMA. Good opportunity to re-enter. I placed a small buy position with tight stop los
snapshot
Trade closed manually:
Priceaction to bearish. Closed trade. In profit but less than expected.
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