Mezzoforte_Privilege

NGas still on the bearish side but looks to be bullish by NFP

CURRENCYCOM:NATURALGAS   Natural Gas
NGAS formed a double bottom and gave us a breakout on neckline, I'm a bit indecisive even though we have a bullish impulse on the NGAS it still isn't give aa clear direction. I will place a buy limit and patiently wait for it to trigger.

Remember that all positions aren't worth taking. Always wait for at least 5-7 confirmations. In this case I only have 3 which isn't good enough to take the buy. I will wait for more fundamentals to give me more reasons to buy.

What are your thoughts on Ngas?
Trade closed: target reached:
TP1 HIT
Trade active
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.