NATURALGAS its setting for long again! 💪Natural Gas (Spot) forum
NATURALGAS its setting for long again! 💪NATURALGAS ill exit here as i think the correction has caught up. also possibility of the market ranging for a while
NGAS The storage deficit is too high. Warmer than average weather has had no effect. The only thing that will save the short now is the high price, and an extremely bearish report. And Ukraine bending the knee to the mad king.
NATURALGAS covered shorts @ 4.35 🥳
NGAS Shorties! Wouldn't that be great? (4h candle close below 4.34)
NATURALGAS im closing few mins before market close. Lets allow NG to do its thing. Hopefully the price will hit 4.13 :PNATURALGAS JiteshKJain Kudos brother that was such a solid entry! 👍
NATURALGAS uptrend across all timeframes, resistance at 4.48-4.55, support at 4.37.For a short entry I'll be looking at a rejection of 4.48-4.55 AFTER the EIA report and a short continuation if 4.37 breaks with TP inside 4.20-4.07.
For a long entry I'll be looking for a break above 4.55 to confirm uptrend continuation and then I'll wait for next week to possibly buy the dip because right now it's volatile and overbought.
PS: if you're long perhaps a SL at 4.37 would help mitigate any prolonged losses due to correction drawdown - we haven't seen a correction yet from the recent swing high and a break below 4.37 might indicate continuation of the correction move.
NATURALGAS sold @ 4.45 now 🤞NATURALGAS JacobOne im still in the trade as SL is 4.5 :) sorry bud cant reply to your comment as i have exceeded 10 comments a day lol