Natural gas is forming one last advance here as wave v and highly predicted to make a new top.
This is official in HS pattern, so follow it until it is not valid.
NGAS
...but first, the pullback to the A/R & U-MLH. P! Learn To Earn: mytradingcoach.teachable.com
Shorting opportunity for NG!
Toppy looking daily, watch for sell signals.
Natural Gas Ascending Triangle. Buy at triangle trend line or wait for breakout.
Excellent place to go long right here. Retracement underway after H&S breakout. Currently at neckline, good risk/reward to go long. Target at previous high of 2.3235. SL at 2.06.
Roadmap......Gold is approaching strong overhead "Potential Resistance" into "Time". Breaking below the inflection point of 1142 increases the odds to attack deeper targets.
POTENTIAL SYMMETRY MOVE MAPPED OUT FOR THE YEARLY PATTERN. IT LAYS OUT THE EMOTIONS OF THE MARKET. :PRICE ACTION" IS EVERYTHING.
Short Natural Gas at current levels to trade the 5th wave. Structure gets invalidated if close above 2.1 Target 1 - 1.69 Target 2 - 1.62
#SPY #QQQ #IWM #DIA avg. vs.#NG_F #CL_F avg. Note divergence and trend flow. Cycle 'revergence' initiating.
go long NG, but if we have a daily close below the base of the triangle, we are out... Sentiment is extremely negative, traders are long at historical levels, and seasonality is helping... BUT we only want to be long above 2.70 aprox...
Hi Traders, The end of the line of the downtrend of Natural Gas (now at 3601) is very much in sight. This sputtering downtrend is to be followed soon by a significant reversal that would mark the beginning of a major uptrend. The attached 1-hour chart displays the sub-minuette waves 1 and 2 (in green, bottom right) as part of a group of a 5 waves down that...