Will wait for PA to present/confirm this trade... But NG1! Is approaching/has reached a major resistance @ 2.67 ! Will be great risk to reward but, could be in a bull flag currently, which is why I am waiting. Would be awesome if PA offers "shorting position" around the "money arrow", lol, as this would be a confluence point of a major resistance, the 200sma, and top of trendline.
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Man this thing is screaming "short me" !!! Daily ended in a doji and has MacD rising but volume decreasing, 1 hr. macD has crossed under, 4hr. Has bearish divergence ! If it wasn't for the news I would've probably bought Dgaz today when NG was @ 2.69 ! But waiting for something like the arrows show in price action to play out before hoping in @ retest of "top"...
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*hopping* in @ retest of "top"...
Oh yea, AND MacD and RSI are super overbought on daily !
Oh yea, AND MacD and RSI are super overbought on daily !
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Cashed out @ 16%, flipping long for retest to red zone, then short again to @ 2.41
