Hello traders.
I wish all of you a nice week. The first trade setup of this week is NATGAS. I'm looking for a short trade. As you can see It broke the correction and another correction is in the making. I put an entry order below the previous bottom and stop loss above the previous top. I will re-arrange my stop loss accordingly if it makes a new top. The target is any price level between blue lines, we will see. Here is my long-term forecast:
If you think this is a valid forecast and good trade setup, please hit the like button.
I appriciate that if you leave a comment and let me know what do you think about this idea.
Trade with care...
I wish all of you a nice week. The first trade setup of this week is NATGAS. I'm looking for a short trade. As you can see It broke the correction and another correction is in the making. I put an entry order below the previous bottom and stop loss above the previous top. I will re-arrange my stop loss accordingly if it makes a new top. The target is any price level between blue lines, we will see. Here is my long-term forecast:
If you think this is a valid forecast and good trade setup, please hit the like button.
I appriciate that if you leave a comment and let me know what do you think about this idea.
Trade with care...
Trade active
Note
It broke the downtrend. Probably, a bigger correction is in the making. If you have this trade, please consider closing. I will wait for a correction, then I will close it. I'm not taking off manually because a correction can give me a better price, maybe even breakeven trade, or it probably won't, but what if it will fall.Note
My trade was closed automatically by broker 2 hours ago because of the CFD contract expiration.
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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.
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.