MrDarcy
Short

Natural Gas - fall from role reversal at 4.000

NYMEX:NG1!   NATURAL GAS FUTURES
74 2 0
This trade has happened with the main entry. This idea is to project the possible fall in Natural Gas             due to the fib retracement that guides an extension to a confluence in price with fib extension and price action level. 3.350 area will be an interesting target for short and a possible reversal for the instrument.

For those not with on the main entry, there will probably come an reaction from the demand at 3.750-3.700 that will give a smaller pullback that can be used as a confirmation entry for a new re engagement.
MrDarcy
3 years ago
Taking profit at technical demand zone at 3297 or you can trail further by trailing with stop above last swing high on the current consolidation.
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MrDarcy
3 years ago
Place trail at 3381.
Reply
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