ppatrading101

False Breakout Short Selling Natural Gas

Short
NYMEX:NG1!   Natural Gas Futures
Natural Gas is in a Double Top very extended retracement formation and at the very top, it has formed a False Breakout pattern.
The last green candle is a Topping Tail / Shooting Star reversal candlestick.

All information is on the Chart.
Entry: 9
Stop: 9.7
Take Profit: 7

Successful Investing is the ability to manage risk and foresee possible opportunities in the near or further future, prepare ourselves and take the risk when the opportunity presents itself.

Invest safe and Happy trading.

As always, appreciate the like, comments and share.

✅ Subscribe to our Free Telegram Channel 👉👉👉 t.me/PPATradingAlerts✅
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.