Natural Gas Cash CFD forum
NATURALGAS still not a short...
but possibly soon may show some symptoms
3.73
NATURALGAS trend is your friend
NATGAS I’m short for small pos📉
NATURALGAS One of those long traps that becomes obvious in hindsight. I call a top. Not touching long with a ten-foot pole. We'll see tomorrow.
NATURALGAS technically still in an uptrend from 1h, 4h, 1d, 1w although today we started having loss of momentum at 1h with price making higher peaks and oscillator making lower peaks as the price entered the resistance at 3.55-3.60. If price breaks and holds 3.60 then possible next target would be 3.80-3.90. Given the strong resistance and loss of momentum, I am preparing for a possible rejection tomorrow especially if report is bearish and will be monitoring for rejections near 3.60 with a double top at 15m and bearish divergence for short entries.If you are long, best trail your profits at this point since price is overextended from a technical point of view and we haven't seen a correction yet from the recent swing high.
PS: from left to right 1h, 4h, 1d, 1w
NATURALGAS NG going to test FVG around 2.86 looks likeNATURALGAS "Trump, after speaking with Putin, says negotiations to end Ukraine war will start ‘immediately’"I get the feeling his unique approach may get it done.
NATURALGAS Ready for the drop? :)