I will be looking for LTF selling opportunities as soon as price trades at the red line, I do not just enter on these levels, I wait for LTF evidence with a tight stop, this is my filter so I know which block is likely to hold and consequently boosts the winning % as well as greatly improving the RR. If no evidence appears at this level and it fails I will reassess.
Hope this helps ,will look for more charts to make a more detailed analysis. This is not a trade call .
Hallo Looking to go long around 2.515 Oil is rebounding so ngas may do the same. Have a nice trades folk
Waiting for Friday to close outside of blue trendline. If so, I will open a position on Monday (shown on the chart). Note the huge symmetrical triangle. But don't be hasty - wait for confirmation of breakout. Long term view:
Le cours du gaz naturel est dans une configuration en forme de triangle dont la borne haute a été testée à deux reprises. La sortie par le haut vers 2.92 $ pourrait provoquer une reprise vers 3.30 $ puis 2.80 $ sur un horizon de temps plus long.
I am long NGAS to 2.962. SL below the lows
break price trendline break RSI trendline signal long stoch indicator signal long MACD zero lag indicator
hourly over bought, if it touches the resistance line, short
Friends, Natural gas ($NGAS) is coming to a technical floor per Elliott Wave count as well as predictive/forecasting model. WAVE ANALYSIS: - ELLIOTT WAVE: Price action in this 8-hour chart illustrates a recent down-swing consistent with an Bearish Elliott Wave impulse, whose internal construction suggests a near completion, as price appears to negotiate a...