KOLD Natural Gas Pivots Again LONGKOLD on the 15 minute chart has reversed and swung upside. The the anchored VWAP price
dropped through the mean VWAP and is now in the deep undervalued territory of the second
lower VWAP band line. This is an oversold zone for buying. On the chart, a green arrow is a buy
while a red arrow is a sell. New share buys are funded with profits from BOIL positions
now closed. Relative volatility and volume indicators support the analysis.
I will add further to the position whenever there is an entry provided by a correction found
on a lower time frame of 3-10 minutes.
Xngusdshort
SUPPLY AND DEMAND - XNGUSD (2-8 Jan 2022)MN Trend: approaching Demand Zone, but still in SELLS
W1 Trend: For future sells (fresh W1 zone)
D1 chart: Wait for price to remove supply
SUPPLY AND DEMAND - XNGUSD (13-18 Dec 2021)MN TF:
Market is still in SELLS as there is still distance to next opposing Demand zone
WK TF:
Red Line: WK supply zone
Blue Line: WK demand zone
D1 TF:
Waiting for price to break D1 demand before looking for fresh areas of SUPPLY to sell in H4/H1