albert.callisto
Long

Natural gas - May it turn bullish? It's winter and snowzilla

NYMEX:NGG2016   NATURAL GAS FUTURES
37 0 2
The price evolved from summer to end 2015 in a downward regression channel. It decided to escape towards the cloud. Retracement was not violent enough to get back into the channel as can be clearly seen in the chart. Price is now evolving in the cloud where it may consolidate for a while before attempting to break through. This would be the first criteria for a bullish trend . That could take two or three weeks. Meanwhile, a more risky trade would be to go long after a rejection of the Kijun (SL at base of the cloud, TP upper cloud area or above).
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
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