Gas: Downtrend Confirmed, Tactical Shorts & Simplified Analysis🔥 #GasHasNoMercy | 📉📈 #TechnicalAnalysis
📉 Well, the era of predictable gas trends in recent weeks seems over. Ironically, the downtrend has confirmed across all timeframes, but our wave count 🌊 and decline structure had to be revised.
🚫📉 Gas failed to show the expected impulsive downward waves. Moves were choppy—corrective triples, diagonals. Yet, we adapted and traded cautiously. Didn’t dissect every trade, but even a small profit ✅💰 was secured.
🛑📉 Now, waiting for a crash seems futile. Options: trade with surgical precision or step back until a clear pattern forms ⚠️⏳. Shorting from resistance levels or moving averages 📌🎯 could work, but lock profits fast. Avoid longing 🚫📈—gas forgives no mistakes. The chart reflects my current scenario. Alternatives exist, but in uncertainty, stick to basics: moving averages, levels, RSI. Wave guessing? Shelved for now.
💬 Your thoughts?
🔄 Agree with the tactics? Comment below ➡️
