Long
GAS EXELENT LONG SETUP
Beautiful setup with high probability for long swing trade.
Falling wedge, followed by breakout and retest.
Oversold on all time frames.
This is excellent setup for a long swing.
Target is 4.8, which is previous long support (now most likely resistance)
4.8 is also exactly at fib .38
I entered yesterday
Due to high volatility, I don't recommend to trade it, swing is the way to go.
I am in with 15% of my portfolio.
Falling wedge, followed by breakout and retest.
Oversold on all time frames.
This is excellent setup for a long swing.
Target is 4.8, which is previous long support (now most likely resistance)
4.8 is also exactly at fib .38
I entered yesterday
Due to high volatility, I don't recommend to trade it, swing is the way to go.
I am in with 15% of my portfolio.
Note
also bullish divergence on 4h
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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.