chartwatchers

NatGas - Simple as it is

Long
OANDA:NATGASUSD   CFDs on Natural Gas
I think I cannot make it more simple than this chart.
It's a clear long now and it's a rare opportunity to get a possibility to go long at the 200 SMA at the end of the first daily cycle. Usually this opportunity comes only at the ICLs like last November...
Comment:
Comment:
After almost tagging the 200 SMA we are bouncing on good volume.
Comment:
This is getting very scary today :).
We will get a huge rally sooooon.
Comment:
Comment:
We might have the same story like in oil a few months ago...
Breaking down the 200 SMA and rally.
Comment:
I'm adding the last 25% as we are tagging the FIBO 78.6 pullback level
Comment:
I'm updating NatGas in a private idea.
All who interested and not on my email list send me an email to chartwatchers@gmail.com.
I'm closing the email list at the end of this month.
Comment:
We are exactly at the point where we were waiting for price to come in the panic:
above the 200 SMA.
www.tradingview.com/chart/GAGvvuRZ/
Trade closed manually:
Closing this long trade with nearly 10% profit. I think we will get a better entry .
I just leave 10% of core position.
Comment:
Price:3.143$
Comment:
We got one more chance to get out of longs...
I hope you used this opportunity...
We are almost printing a key reversal today.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.