NGAS: Long at market or on close, 1 tick above today's highWe have a low risk long opportunity in NGAS here, my signals clients and me have entered longs here, and will look to add and manage it as the setup evolves.
There's a chance for the weekly to fire a strong uptrend, which would open up room to hit 3.23 in the coming weeks.
Let's see how it goes.
Good luck,
Ivan Labrie.
PD: I'll reduce the amount of posts that give precise entry/exit reccomendations after this one. The signals service will have priority naturally, over the posts shared in public.
NGAS
UGAZ Got stopped at 40 yesterday.
Following NGAS movements tomorrow.. EIA NGAS report coming out... if we are bull, I re-enter regardless the price.
NGAS: Potential uptrend continuation setupWe have a nice chance to enter longs in the daily chart here. I'm already long from earlier today, thanks to an intraday signal, but the daily has now triggered a long entry. The target is on chart, but it's nothing definitive. Watch it after it gets overbought, if the month closes above 2.967 it'll be extremely positive for longer term longs in it.
Check out my updated track record here: pastebin.com
If interested in my real time whatsapp alerts and swing trading newsletter, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers!
Ivan Labrie
Link to Tim West's chatroom: www.tradingview.com
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.
Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance0.25% on such information.
Natural Gas Wedge Fest
Broke below interior upward wedge
Looking for a bounce back down around 2 std dev above mean of the shorter regression trend, 2 std dev below mean of longer regression trend, previous support level &OR .382 fib for a short
Next target is the lower bound of the large upward wedge, which could be support, or it could just continue down.
To be contiued..
Ugly chart? Yes please.
FCG: Potential upside is hugeWe can take a long at market, or wait for 26.09 to get hit to jump in this trade. Stops should be below 23.55 to be safe. Target the 38 handle give or take. It's worth considering this setup, specially if NGAS resumes the uptrend.
Check out my updated track record here: pastebin.com
If interested in my real time whatsapp alerts and swing trading newsletter, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers!
Ivan Labrie
Link to Tim West's chatroom: www.tradingview.com
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.
Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance0.25% on such information.
NGAS : Breakout From Daily bull Flag. Target $3.101I have been chasing Illusive HS pattern on 4hr and daily but finally it broke out upside from triangle. My first target is $3.101. Month ago , many were bearish on the chart suggesting topping but I was foolishly long and I dared not to publish idea but commented on chartwatchers (Nice Chap) short idea. eventually I found my target then.
Happy weekends