NGAS - D - LONG
Updated
I have missed several trend within NGAS because it was so erratic recently without a chance to catch the movement, at least with my strategy.
The uptrend I'm waiting for is not yet confirmed and everything is possible, within at this low level NGAS is sitting currently. I do believe that 4H is showing good movement that could lead to strong impulse on daily TF. Weekly and monthly are back to consolidation range since months and this accumulation will lead "probably" to a break to the upside. A bit like my WHEAT trade.
Trade with your own diligence,
GL HF
The uptrend I'm waiting for is not yet confirmed and everything is possible, within at this low level NGAS is sitting currently. I do believe that 4H is showing good movement that could lead to strong impulse on daily TF. Weekly and monthly are back to consolidation range since months and this accumulation will lead "probably" to a break to the upside. A bit like my WHEAT trade.
Trade with your own diligence,
GL HF
Comment
Closed 20%@TP1.Comment
Once again, we are waiting for Mr NGAS to take off.This could be now... or never.
Comment
This looks like never but idea still valid, so holding on!Comment
Finally... closed 20%TP2! SL@BE.Trade closed manually
Will look again at NGAS closely. Timing was off but S/R were quite good.
Related publications
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.