NATGAZUSD - My trade
Updated
I have enter in the blue box because the chart was showing a consolidation since April 2. What comes after a consolidation? An impulsion! So here we are.
- After confirmation that the consolidation A-B-C was over, I looked for an entry point. When it tagged the 0.5 Fibo, I triggered the short.
Let's see what is coming
Take care
MartB
- After confirmation that the consolidation A-B-C was over, I looked for an entry point. When it tagged the 0.5 Fibo, I triggered the short.
Let's see what is coming
Take care
MartB
Note
When I reviewed my trade, I should have taken my short on May 7 at 1.89 to be a perfect one. Now we have 3 scenarios:1- (bearish) If daily impulsion, we will break 1.40 like butter
2- (bearish) Can you back to 1.75-1.80 retesting the pink line. Would think to add at my short if so
3- (bullish) We bounce at 1.43-1.45 agressively. NO INSIDE CANDLE
Let's see what will happen!
Note
Scenario 2 is playing out. The only concerning thing is the force of the candle. We would have prefer 2 or 3 days up with 3-4% each. Let's see what happen at the pink line
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