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tntsunrise
Oct 9, 2016 10:13 AM

NGAS THREE DRIVE PATTERN AND INVERSE 1.618 CONFLUENCE Short

Natural Gas (Henry Hub)FXCM

Description

NGAS THREE DRIVE PATTERN
AND INVERSE 1.618 CONFLUENCE

1.618 Inverse Ext at 3.2850

Three drive pattern also complete at
the same level.

So I will be interested to short NGAS again
@ 3.2850

Comment


SUCH A NICE REVERSAL
PRICE JUST HIT THE ENTRY PRICE AND TURN AROUND

Comment

Very nice reversal.

Comment

Now is 2.7
Comments
ShahbazShafeeq
what is your position now Jack. Will this invalidate the short idea. Resistance is at 3.359 because of gap down in 12/2014. Here we only broke and close above 161.8 extension. Please let us know your analysis. Thank you.
ArtFly
Upper price hit 3.416. Have you had SL as always ? was broken ? if yes where was you second entry?
PowerOfCapital
Hi Jack,

Any update for natrual gas?
ahmetnmsl
Jack, NGAS what do you think ?
ArtFly
such a nice trade up ;-)
StanLeee
Trade active right?
Where is SL?
Walentine
stop loss on the moon ...as Always :) caution guy!
tntsunrise
very easy, above the Pin bar
ahmetnmsl
Hi Jack.. Thanks for the chart. The targets are the ones you show with the arrows ? TP1= 3.054 TP2=2.891 ? Thanks. And what would be your SL ?
toothless
Are you looking for a long entry soon, Jack? Mahalos from Hawaii!
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