Let's long this move! PAC broken, clear TDI cut and BB borken also. Plenty of room to go up! However this shall not last very long as bigger TF are not very bullish. Go go NGAS!
Note
Sorry I made the charts too quickly, SL should be below 2931.
Note
The blue box is a very strong reversal candle, that should indicate that NGAS will go up in the following next candles. If not, then... we're doomed! I remain cautious as weekly TF is bearish.
Note
This is not good at all! If I wasn't LONG I would open a SHORT immediatly. I don't like hedging strategy so I will wait for SL to be hit (we're very close to...) before taking a new trade. Damn NGAS, you were so nice to me before, what's happening?
Trade closed: stop reached
SL hit. Let's see if my SL was a bit too tight...
Note
That NGAS... toying with my trade. Let's see if this is a knee jerk reaction, but I will look to re-enter if confirmed tonight.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.