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Smokwawelski

NAT GAS LONG !!! CONFLUENCE OF PATTERNS

Long
CFDs on Natural Gas (OANDA:NATGASUSD)  
Smokwawelski Updated   
OANDA:NATGASUSD   CFDs on Natural Gas
Crab Gartley
1
1
crabpattern gartleypattern
NAT GAS LONG
LONG DEEP CRAB + DOBLE BUTTOM IN FORM OF GARTLEY PATTERN
BUY MARKET PRICE
WITH 1 TARGET - RRR 5,5
WITH 2 TARGET - RRR 7,8
POSITIVE RSI DIVERGENCE AT THE BUTTOM
Comment:
GREAT MARKET RESPONCE.
ITS ALLWAYS NICE TO SEE MARKET ON YOUR SIDE
Comment:
RSI on H1 and H4 massivly oversold. With 2,873 and tight stop there is best long entry possibility
Comment:
Last candle stopped us out but market clearly respect the solid buttom. I personally reenter with the long .stop just below todays lows
Comment:
NAT GAS HAS JUMPED UP, BUT TO MY MIND IT SEEMS TO BE FORMING ROUND BUTTOM. IF SO WE WOULD WISH ONCE AGAIN RETEST THE AREA OF 2,9 AND THEN STEADY MOVE UPWARDS !!
Comment:
IT LOOKS LIKE TOPPING FORMATION.BE PREPARED FOR SLIDING ONCE AGAIN TOWARDS 2.9
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