Long

NG held key level with additional confluence

Updated

Ng managed to hold a key 50% at $6.18 and at the same time put in a strong ATR spike on the 2h. Key level combined with ATR spike means pay attention. This has swung my bias neutral leaning bullish but the first step is getting above $6.7's. If we can get above our local range highs I think we target $7.7. Bullish as long as we are above that $6.18 level. Bearish below ultimately targeting 3 and lower.

Ideally we get a wick below $6.47 to start filling longs stop below $6.18.

Note

6.6 our current level should also be noted as last months mid.

Note

well we gapped below my key support at 6.23 on open on only 521 contracts. Lets see what happens around ny open. above bullish below bearish.

Note

kinda still think its a buy the dip situation with stops below 6.06

Note

down we go. they made it obvious on the h1

Note

keeping my eye on that 6.22 level. above and I think we can temporarily see higher but i think it will be short lived

Note

in hindsight it was obvious

goldenroad00000001

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.