GAZ / D1 : Nice end for an intermediate corrective triangle
The current setup of Natural gaz makes me wonder if we're not reaching the end point of a consolidation triangle. We may have reached the ABCDE pattern's ending and so the prices should then get back to the upside searching for a B>C bull wave before going back down. I just bought it agressively, waiting for price confirmation to trigger leveraged reinforcements. Invalidation is clearly if prices break down the A point of this supposed triangle setup.
Hope this idea will inspire some of you ! I'ld appreciate any like/follow if you feel like it deserve it ;) You can check my indicators via my TradingView's Profile : @PRO_Indicators
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.