Natural Gas Short Play - Pressure Cracks the Wedge Short

NYMEX:NG1!480

Henry Hub Natural Gas FuturesNYMEX

Description

⋅ Apr 11, 2017 2:17 PM

Head and shoulders possibility after breaking the wedge and strong horizontal resistance.

Comment

⋅ Apr 21, 2017 4:00 PM

Expect major breakdown if 3.10 doesn't hold. My money says it doesn't hold.

Comment

⋅ Apr 21, 2017 4:33 PM

Comment

⋅ Apr 23, 2017 10:38 PM

Comment

⋅ Jun 12, 2017 8:10 PM

NGAS Crude Oil WTI

Comments

ali_12345

⋅ Apr 21, 2017 6:51 PM

hi brother exelent analyses.. i think gas will go to 2.1 .. to close a gap there in 2.1

Lanmar

⋅ Apr 21, 2017 7:07 PM

@ali_12345, thanks buddy. Yes nice gap there. That price also fits well as a target for the possible breakdown of the head and shoulders. I personally go by the distance of the neck.

sherrytradingview

⋅ May 12, 2017 6:33 PM

@Lanmar, Hi, master. Does ng break the neckline today? Thanks.

Lanmar

⋅ May 12, 2017 11:36 PM

@sherrytradingview, Hello there - this trade is invalid for now with the break of 3.36. We will have to re-assess later. Cheers

sherrytradingview

⋅ May 13, 2017 2:28 AM

@Lanmar, Ok, thanks.

jojofang0901

⋅ Apr 12, 2017 8:26 AM

Very nice trade setup, thank you for sharing your idea. i have similar view on this pair as well.

Lanmar

⋅ Apr 21, 2017 4:01 PM

@jojofang0901, Thank you. Nice job - I agree with you.