NATGAS // officially in a short trend on the weekly
NATGAS closed below the starting point of the last impulse wave up, meaning the trend has turned on the weekly chart as well. This short trend is valid until the brown validity zone is taken back by the buyers.
Any move up is only a correction of the south impulse wave, and a break of this countertrend makes the price fall.
Of course, it can go on falling, but a countertrend may come soon.
Trade safe! ⚪️⚫️
--------------------------------------------------------------------------------
ANYWAY, a lot of Qs about the direction of the price. But it doesn't matter.
WE JUST REACT!
Remember that trading is a business.
SIZE your TRADES according to your risk aversion!
----------------------------------------------------------
Any move up is only a correction of the south impulse wave, and a break of this countertrend makes the price fall.
Of course, it can go on falling, but a countertrend may come soon.
Trade safe! ⚪️⚫️
--------------------------------------------------------------------------------
ANYWAY, a lot of Qs about the direction of the price. But it doesn't matter.
WE JUST REACT!
Remember that trading is a business.
SIZE your TRADES according to your risk aversion!
----------------------------------------------------------
