Natural Gas forum
NATURALGAS Buy or Sell?
NATGASUSD its about time for this market to have some correction, but often, especially commodities, can uptrend, have some consolidation with slight dips, before they continue uptrend again, this doesn’t mean NG prices won’t do a reversal and drop below 2$ again another year or season, but just keep in minds not all trends have ‘corrections’
NATURALGAS I am wondering if there are others in the community who could offer additional perspective and a possible explanation to better understand the situation behind the last price action.I’m totally baffled at the 3% pump during Asian market only for the price to drop again to the lows. This move makes no sense to me apart from purely burning out of the market the short sellers because many people (myself included) entered short yesterday based on technical aspects.
Please feel free to share your thoughts.
NATURALGAS Hello everyone, touched 3.63 and went back down.
NATGASUSD it needs to close above 3.183 weekly, if not, I think it is heading south, just in support resistance point of view, no fundamentals involvedNATURALGAS I don't like where this short is headed - it appears as a clear case of market manipulation to me because after a swing low with heavy volume and momentum after multiple divergences and at extremely overbought conditions, right after the swing low we have price almost fully recover with very low volume this is nonsense.I am bringing my TP to break even and will let it sit over night but it sucks because I had the opportunity to get out with max gains and most likely I gave it all back to the market.
Nonetheless better safe than sorry - setting my TP at break even.
NATURALGAS how red tomorrow is gonna be?👀
NATURALGAS and then it drops more till market closes
NATGAS Finally, a breather
NATURALGAS kon kon sell mai fasa hai