NAT GAS LONG !!! CONFLUENCE OF PATTERNS
Updated
NAT GAS LONG
LONG DEEP CRAB + DOBLE BUTTOM IN FORM OF GARTLEY PATTERN
BUY MARKET PRICE
WITH 1 TARGET - RRR 5,5
WITH 2 TARGET - RRR 7,8
POSITIVE RSI DIVERGENCE AT THE BUTTOM
LONG DEEP CRAB + DOBLE BUTTOM IN FORM OF GARTLEY PATTERN
BUY MARKET PRICE
WITH 1 TARGET - RRR 5,5
WITH 2 TARGET - RRR 7,8
POSITIVE RSI DIVERGENCE AT THE BUTTOM
Note
GREAT MARKET RESPONCE.ITS ALLWAYS NICE TO SEE MARKET ON YOUR SIDE
Note
RSI on H1 and H4 massivly oversold. With 2,873 and tight stop there is best long entry possibilityNote
Last candle stopped us out but market clearly respect the solid buttom. I personally reenter with the long .stop just below todays lowsNote
NAT GAS HAS JUMPED UP, BUT TO MY MIND IT SEEMS TO BE FORMING ROUND BUTTOM. IF SO WE WOULD WISH ONCE AGAIN RETEST THE AREA OF 2,9 AND THEN STEADY MOVE UPWARDS !!Note
IT LOOKS LIKE TOPPING FORMATION.BE PREPARED FOR SLIDING ONCE AGAIN TOWARDS 2.9
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