NATURAL GAS, DAY CHART, SHORT (18-FEB-2017)
200-EMA is starting flatten. (Please plot yourself)
Both 20 & 50-EMA are moving downward, downward
trend is expected to be continued.
Price manage to break the Resistance Zone and
followed by a slight pull back which is a good signal to short
Here are 2 trading plans:
1. To short now with right risk amount
2. If the price pull back near to resistance zone,
wait for bearish signal to short
Both 20 & 50-EMA are moving downward, downward
trend is expected to be continued.
Price manage to break the Resistance Zone and
followed by a slight pull back which is a good signal to short
Here are 2 trading plans:
1. To short now with right risk amount
2. If the price pull back near to resistance zone,
wait for bearish signal to short
Note
This trade is hitting our TP! For those who entry with the analysis, enjoy the profit :)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.