Dear Buddies!!!!! My view on NG is Bullish Following is my study
1. My Time Frame is Hourly Basis 2. Price Action: Morning Star is Printed on a Long Term Support 3. Stochastic Just Gave a Positive Cross Over 4. My Setup is : Fake Break Down and Failed Bollinger Band Challenge 5. 5 EMA gave Positive Cross over to 13 EMA 6. Elliot Wave: My opinion is Wave C just ended and Wave 1 started with a bullish divergences clearly visible before start of Wave 1 7. One can be Bullish by making their stop loss below low of evening star upto targets till next major resistance
Alert: I am Novice to the Market and at learning stage, this is just my opinion one must get ready for "what if analysis" and should accept the stop loss with full heart in case study goes wrong.
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