Natural gas: Topped here possibly
Updated
I think the rally in natural gas has topped out here, we gapped down and dropped back under the resistance to the left in the weekly chart here. My real time whatsapp signals group entered shorts at today's open, and are adding to it now. Let's see if we get a nice move to the downside here. If not in you may join with stops above today's open at least.
Check out my updated track record here: pastebin.com/6CyyqnPT
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Cheers!
Ivan Labrie
Link to Tim West's chatroom: tradingview.com/chat/
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.
Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
Check out my updated track record here: pastebin.com/6CyyqnPT
If interested in my swing trading signals newsletters, real time whatsapp alerts, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers!
Ivan Labrie
Link to Tim West's chatroom: tradingview.com/chat/
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.
Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
Note
Good progress, holding for more downside, this has just begun.Note
Added to the trade today at 2.845.Note
Covered half, will add more on retracements.Note
Added back to the short at 2.732, moved all stops down to 2.851.Note
I'm out of all shorts for now, today's turn at the Brexit key level is dangerous for bears.Trade active
I reshorted after the gap up open. Stop is tight, and risk small, waiting to see if we break below the current support below.Note
NGAS back under the daily modes3.amazonaws.com/tradingview/snapshots/o/oWIIGX0F.png
shoud see continuation soon
(down)
Trade closed manually
Signals group got out of the short a day ago. Might resume the uptrend here, based on today's action.
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Disclaimer
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