Another long on this commodity, we took first TP on our last long, then broke even. We have good reason to buy this commodity again this week. TRADERS TOOL: www.forexstocksignals.com GET trade setup direct to your mobile device: Whatsapp / Email: www.forexstocksignals.com
Traders, UPDATE: We've had a great downside move since I posted recently. Had a very nice bearish move, and still holding confidently. An update on my previous NGAS idea. Well to anyone in my signals group who caught this one, we made some great money, hit our target and did great. Was a fantastic trade. -----Interested in joining my professional signals...
New sell, in context of our buy from yesterday, price rejected top price at 1.836, risky sell, we may get a bounce at B.
it seems that wave 2 has been finished. trying to catch wave 3. note the divergence very good risk to reward ratio. 2 units entries: first target is 50% of previous wave and second can be normal targets of wave 3 but at least end of wave 1. test of broken trendline.
This commodity is currently overbought, We expect sellers around this price
We expect buyers to enter this commodity around this price
Chart shows daily reversal candles inside of bull flag PT 2.27
zigzag ends at the previous trendline. there is a good opportunity to buy for another impulse.
Excellent asymmetric risk/reward opportunity here.
Wait for the 4 HR candle to close above 0.236 fib level to execute long trade. Confirmations : Retest of Daily Trendline, ABCD Formation, Monthly Hammer Formation Complete Bullish Setup, Risk Reward trade (1:4) Happy Trading :D
NGAS LOWER TIME FRAME 60 LONG AT 2.000 SL 1.684 TARGET OPEN FOR BIG WAVE
NUTRAL GAS LONG WAVE 3 INTERMIDIATE IS COMING ?