Actually this support is holding , why not get in long ?
Natural gas is showing us some probabilities which are not good enough to be in a trade. I prefer to stay out.
On monthly level , wait for Monthly Close , I mean market will adjust himself on Daily and Weekly and then you will find either a setup or not... When on monthly level , we need wholee month to decide whether to trade higher or lower. Sometimes levels alight perfect within weekly , daily chart and then setups can be executed faster , to catch big monthly bearish...
Here , market gives us only Daily levels. Okay , we will trade around them only. However , we are in triangle pattern . Indecision in the markets again. It's very risky to trade in that kind of environment. Market can do anything. You must be very cautious. If we go long , we will be stopped soon , If we go short , we will be stopped soon. So we just chill out and...
Indecision. Triangle. Range. Which direction you choose to trade ? Up/Down ? Right answer is no one !!! Market is indecisive. When that kind of conditions , stay away. It's best for your account , as to your mind. Wait for clear break in either side and then decide which direction market is likely to go.
People are losing money in the markets because they trade anytime , any asset , any timeframe. Market is unique , you have to treat it like that and listen to it. When you see nothing , do nothing , trade nothing. You cannot just get in here/there without reason. Keep pushing , keep grinding , nerver surrender !!!