magstrades

magstrades

Might possibly form a tripple top and reverse down to touch support just below 2.4 area. Thinking of this huge gap that has just been formed, it is possible the price will reverse now to cover the gap and then go further down as per the triple top rule. What are your thoughts?

magstrades

Alright. What I can see on the chart is Natural Gas forming the inverse Head and Shoulders pattern. What can be the other possible scenario is Natural Gas forming the ZigZag pattern. Either way, it should soon blast off :) What do you think fellow traders?

magstrades

So this is how is see Natural Gas price to react in the upcoming days and weeks. The price is moving according to 12345 Elliott Impulse Wave, so it will now go down to touch the 4th impulse at around 2.3200 support area. It will then move rapidly up to complete the impulse wave 5 and reach support area at around 3.1350. It had a strong upside movement last...

magstrades

Inverted flag pattern spotted. This should mean that we will see down move with a good opportunity to sell. Trend channel has broken and also retested it. Inverted flag pattern signals a bearish move. Trade with caution. Cheers, Mags

magstrades

According to my strategy, GOLD will be a good option to short now. Reasoning: Bullish trend channel has broken and the bottom of that channel has been retested There is a gap near support levels that need to be filled Good luck, traders. Mags

magstrades

My idea to short CRUDE OIL. I'm thinking here is an easily short position on CRUDE OIL.

magstrades

Hi, That's my view on short entry for nasdaq 100. This is my first idea published. Let me know what you think ;)