mariodconti
Long

NATURAL GAS RESUMING THE UPTREND

FX:NGAS   Natural Gas (Henry Hub)
Hi Traders,

As predicted, Natural Gas             topped within the target area at 4.50-4.56. Then again, it retraced to another predicted target area at 4.21-4.18.
Now, Natural Gas             should resume the uptrend to the area 5.10-5.13 and higher.

TARGETS

likely: 5.10-5.13
possibly: 5.37-5.38

ELLIOTT WAVES

This new uptrend is nothing more than "wave 3" of the recently started trend at 3.537.
Thanks a lot and I need to get myself equipped with the elliot waves theory, how did you learn it please?
Reply
mariodconti ExperienceTrading
I read several books and I went through them several times. After 25 years of daily trading and analysis, I now teach it. See http://www.fxtutors.com.au/p/bootcamps.html
Reply
Hi, what about the head and shoulders pattern on the 1hr chart?
Reply
mariodconti ExperienceTrading
That head and shoulder in the 1 hour chart cause the downtrend to 3.930 and it's now history.
From that point on a new uptrend started over.
In terms of Elliott Waves, the new uptrend is now staging wave 3 which is usually the longest one
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out