Natural Gas (Spot)Natural Gas (Spot)Natural Gas (Spot)

Natural Gas (Spot)

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NGAS Here's the short term scalp trade. Success has gone to 86.67% but as always it can fail.
Snapshot

NATURALGAS Today is a no trade zone for me. From the 1h we had our first rejection at 4.26 which is a bearish orderblock, however the big expansion of the 50 ema BB shows high uncertainty. I am waiting until the BB squeeze again (most likely tomorrow) and then re assess the divergences.

Once price enters the squeeze:
For a short position I am looking at a bearish divergence of rpice vs oscillators from the resistance area 4.26 - 4.31.
For a long position I am looking at bullish divergence inside the current support area 4.08-4.00.

Good luck everyone!
Snapshot

NGAS currently struggling to break the 50ema.. if it does mt second short will be added. Perfect reversal from 4.2, back down to 3.75 and then 3.5


NGAS 🎈🤺 Oh sorry, did I text that here. I put Tradingview on my secure channel by mistake. Was meant for my broker.

NATGAS
Trump effect
"I'll make stuff cheap for the consumer"
Literally every commodity
*Insert rocket here*
Every retirement fund
*Insert crashing here*

current setup looks bullish, it might go for 4.36 or 4.58 if not higher before pulling back... it just by looking into chart. not taking anything else in consideration