Short

Bear flag on NATGAS

By Repuzel

Updated

Targets near $1840

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That being said, would like to see it jump to $2,180 - a resistance, would be a sweet spot to open a short pos.

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Chart looks different on investing com, we are still within the flag. invst.ly/bmb0m

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Flag slope maintained over night invst.ly/bmv55

Trade active

itchy fingers, opened short at $2,150

invst.ly/bn18h

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This move is well on its way. invst.ly/bnm07

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Climbed to retest the flag bottom line invst.ly/bnm79

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Touching the top of the flag invst.ly/bqhl5

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We bounced off the top of the flag and tested the 2,2 invst.ly/bq-m9

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Pattern Cancelled.

I still think we will see 2.00 tested and broken this year.

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And back inside the flag channel we go invst.ly/btmf9

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This is where we are right now invst.ly/bul5h
Seems hourly needs some cooling off, while 4H, 5H and Daily allow for significant drop ($2.00)

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For the first time since the channel was formed, we have opened and are trading below the channel lines invst.ly/bv5la

If we continue down at least a bit during the US market hours, the short term upward channel will be broken and we can continue fishing at lower prices ($2.00)

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Will the trade war escalation this morning push it towards $2,00 invst.ly/bvatw

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If we remain within this channel for few more days and then break it down-wards, we could target the exact major support of $1,9 instead of lower projection mentioned earlier. This would make a lot of sense as whenever we broke the 2,18 level we never bounced back into the new up trend before we reached 1,90. invst.ly/bxbjn

Repuzel

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