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ProjectSyndicate
Sep 22, 2020 8:25 AM

NATGAS 3D: SWING: IHS SHORT/LONG 25% correction(SL/TP)(NEW) Short

Natural GasCurrency.com

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NATGAS 3D: SWING: IHS SHORT/LONG 25% correction(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as short as I'm expecting a
SHORT/LONG sequence in this market.


🔸 Summary and potential trade setup
::: NATGAS 3day/candle chart review
::: IHS setup in progress HEAD at 2.90
::: expecting 25% correction soon
::: strong chart / bullish outlook
::: however short-term correction
::: 25% downside after 2.90 print
::: higher risk short from 2.90
::: recommend to BUY LOW later
::: recommended strategy: BUY LOW 2.10
::: TP BULLS is +50% / SWING TRADE
::: higher risk strategy: SHORT IT 2.90
::: SL 5% TP 2.10 (TP BEARS: RS)
::: this is higher risk / recommend to short instead
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: BULLS
Comments
WadeYendall
I like the way you play the short at the neckline of the a inverse H/S in the making. Price does tend to want to make a least a 3rd bottom before it reverses.
PolarHusk
GoodPotential
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