ProTradeSignals

ProTradeSignals

The NASDAQ has broken a key structural level while trading in an uptrend. This development has made me bullish, especially since the retest of the level is now complete. This indicates that a bullish continuation is likely to follow, and therefore, I would recommend going LONG🚀 on the asset. CME_MINI:NQ1!

ProTradeSignals

The price is going to jump as soon as it touches the 200 EMA line, which serves as a support line. Entry is at 1.34283, the stop loss is at 1.33142, and the take profit level is set at 1.36584, indicating a potential profit of 230 pips. OANDA:USDCAD

ProTradeSignals

Although the natural gas market is currently in a bearish trend, I anticipate a short-term price rebound to test the resistance line around 2.350, followed by a continued bearish trend until new support is found in the 2.100-2.050 line. Looking further ahead, a renewed breakout of the 2.350 and 2.600 resistance lines is expected in early March, leading to a...

ProTradeSignals

Despite the current downward pressure on the price of natural gas, it is expected to rebound towards the support level which has now turned into a resistance level, but may subsequently resume its downward trend. This could potentially create an opportunity for quick profits

ProTradeSignals

Bearish pressure is expected to persist in the coming days or week due to increased natural gas production following a June explosion that shut down a Texas LNG facility. The facility is expected to take at least two weeks to become operational again, but bullish pressure may return once it does as well as if winter conditions return in late January or early...