Dear friends,
Don't follow me blindly...what i am sharing here, is my knowledge not signals
I am sharing my view through Elliott waves from past 4 yrs....i learned tons and tons here and market taught me lot and still teaching and i am listening to the market...and i am getting a lot of PM's regarding NEGATIVE COMMENTS from my friends...i am sharing here my view...
In our last forecast, we correctly forecasted Natgas to start a pullback in order to correct the previous bullish impulse.
In the coming week, we foresee the price hitting the support level and at that point, we will monitor the price action to decide whether it will continue the drop or give signs of reversal.
Trade with care.
Best regards,
Financial Flagship ...
Hi traders
we in the B corrective structure, so be careful when taking buy. but the market is giving us a correction of which on lower time frame look for good price action to buy to expose 3.42 but if you see the price being aggressive down, then wait for correction to confirm sell. do manage your trade well
In our last forecast, we were expecting Natgas to correct and reach the support level. Instead, the price rallied without looking back.
In this case, in the coming week, as the momentum is strong, we expect a pullback towards the support level followed by a bullish continuation that could break last year’s all-time high.
Trade with care.
Best regards,
Financial...
In our last forecast, we were expecting Natgas to correct and reach the support level. Instead, the price continued to consolidate, despite our bearish expectations.
In the coming week, we expect the price to become bearish and fall towards the support level, as the structure hasn’t changed. This might happen after we reach the top one more time.
Trade with...
Pattern: Channel Up on 1D.
Signal: Buy within the 1D MA50 (blue trend-line) and the 1W MA50 (yellow trend-line).
Target: 3.350 (just below the -0.236 Fibonacci extension).
Most recent Natural Gas signal:
** Please support this idea with your likes and...
Hi traders
taking that buy you should have gone out with breakeven. Is this the start for more wave down.... then the price has move aggressively down, so now what to do to trade this wait for correction to sell. look for sell setup. do manage your trade well
Natgas started the trading week with a bullish gap, making a new top, but soon after it started the bearish move that we were expecting.
So far so good. The trendline has been broken, and if we get a correction around this area, then we expect this move to continue towards the support level, having a great chance to break it.
Trade with care.
Best...
Natural Gas can reach to $3.1 in coming week , then a correction to $2.8- $ 2.9 is possible
and is ready to break big Resistance $3.1 to $6 in 6 month .
%100 profit in 6 month is not bad :-)
I just want to give you a summary about my long term view. We can see that the multi-year floor of the market was the 1.4 - 3$ range. We can also state from the chart that this range represents the undervalued-to-normal zone of the long term price evolution. Once the market will broke above the 3-4$ level we can expect some really ugly bullish noise. This is an...
