Looks like bullish continuation is coming on NATGAS.
Key levels, price action, and scenarios explained.
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DXY - Short
EUR/USD - Long
USD/CAD - Short
GBP/USD - Short term sell, Long term Buy
GBP/CHF - Long
EUR/GBP - Short
NZD/CAD - Short
NATGAS - Long term buy
Natural gas is not advisable to hold for longer duration but lets see what we can make out of the wall.
Please use personal trade management suitable for your account.
hi guys just a little breakdown on a few pairs and just waiting now for the right time to get in the trade stay patience we don't need to rush anything let it come to us :) please understand if price action changes then i will do my best update this
In a strong trending market like GAS currently in, support and resistance flip happens very often. Although other chart setups might not be as clean as this example, this technique can be used for all markets.
Broken Support turns into Resistance.
Broken Resistance turns into Support.
So how do we determine if a Support has been broken or not?
3 ways to view...
This is intended more as educational material on a strategy for using renko charts. To begin with, I'll be using USOil in the examples but will include other markets as I continue through the series. The material is not intended to prescribe or recommend actual trades as the decision to place trades is the responsibility of each individual who trades as they...
This is intended more as educational material on a strategy for using renko charts. To begin with, I'll be using USOil in the examples but will include other markets as I continue through the series. The material is not intended to prescribe or recommend actual trades as the decision to place trades is the responsibility of each individual who trades as they...
As you all know by now, I believe this is an event-driven outcome due to section 232 tariffs on Uranium. The decision will be made in April with a high probability it is passed. The blowback is likely higher electricity costs from Nuclear, natural gas is an alternative base load energy.
Our wave 2 low from support looks to be holding strong. I believe the wave 3 has started and section 232 tariffs on Uranium as likely to be the driver moving forward.
The target for Wave 3 is above $7, section 232 announcement is in April.
