GAS
✅NATGAS SWING SHORT🔥
✅NATGAS violated the rising support recently
And went down just as I predicted
In my previous analysis but the price
Went up in a bullish correction
To retest the resistance from where
We are already seeing a bearish reaction
So a bearish continuation is to be expected
SHORT🔥
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$USOIL bullish? bad for stocks? 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Higher crude prices next week could resurge interest rate hikes and more hawkish talks from the feds. Probability of the dollar breaking its current macro uptrend is very low.
!! This chart analysis is for reference purposes only !!
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BOIL | Winter is Coming | Nat Gas ETFThe fund seeks to meet its investment objective by investing normally in Natural Gas futures contracts. It may also invest in swaps if the market for a specific futures contract experiences emergencies (e.g., natural disaster, terrorist attack, or an act of God) or disruptions (e.g., a trading halt or a flash crash) or in situations where the Sponsor deems it impractical or inadvisable to buy or sell futures contracts (such as during periods of market volatility or illiquidity).
Head and Shoulders Pattern On Natural GasHere we have a textbook Head and Shoulders Pattern after a strong uptrend on natural gas.
The volatility between the head and the kneckline was 19% so we used this as our main take profit area.
At first it seemed too much of a price move however 4 weeks later not only did we get past the 19% take profit area, price went down further to 26%.
This was a big trade to take, the entry for this set up is below: entering on the break and retest of the pattern. Using the rally candle for the signal to enter was key also.
Also had a 2nd opportunity to enter the downtrend and this was the continuation pattern = symmetrical triangle (if located in a downtrend then the chances are that breakout will be to the downside
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$BTC october fall 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
!! This chart analysis is for reference purposes only !!
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$TSLA black hole 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
!! This chart analysis is for reference purposes only !!
If you want to see more, please like and follow us @SimplyShowMeTheMoney
USOIL - Long opportunityWe've recently got a long signal from our EMAflow indicator projecting new range and targets for us.
Maby wedge in the making? we're definetly now bottom of the range where a little bit more down is allowed but could be great opportunity to enter as opec did say they're limiting oil production..
Entry arround 82-77
tp1 85
tp2 88
tp3 93
sl 76-74ish