NATGAS - consolidation and Long side
This is my idea for NatGas.
I think after this rebound we can start soon the 3°wave...
After the first wave that had hit target we had a potential 2° wave (less than 100% of 1°) so before the next wave, we can have a retest of support area but in any case my stop is under 1.5$. Area between 2 and 2.4 is good for accumulation long position.
Analisys is for weekly plan (In this market I suggest a daily or weekly trade)
Potential long target will be 3,6 and second 4,4 and third 4,9 (next 6 months)
I think after this rebound we can start soon the 3°wave...
After the first wave that had hit target we had a potential 2° wave (less than 100% of 1°) so before the next wave, we can have a retest of support area but in any case my stop is under 1.5$. Area between 2 and 2.4 is good for accumulation long position.
Analisys is for weekly plan (In this market I suggest a daily or weekly trade)
Potential long target will be 3,6 and second 4,4 and third 4,9 (next 6 months)
Trade active
Long from this area can be a good opportunityI think that the second wave is finished.
Next pèotential gap recovery
Note
Trade active
we are in cosolidation area so, as stated in my plan I add a long positionIn any case note that short is really strong so we can have more deep near to stop area... be careful to calibrate trade sizes well
Order cancelled
I want to be honest.This trade must be closed. The first trade is in lost and second is in gain.
I can mediate the lost value with gain.
Based on actual situation probably we can have a little bit long but the general structure still remain SHORT
Note
Trade closed manually
all order are closed.final
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