Investment Opportunity!! Enter after trendline break. Stop below demand zone. Use proper Risk management.
Natural Gas has a tendency to make Head and shoulders. It might be a way to make now also.
Natgas seems to be in a corrective rising wedge. Trade the breakout of the wedge. Use proper Risk Management.
Possibilities 1: Wedge breakout can go to the trendline support and then bounce back hard upside. Possibilities 2: If trendline breaks successfully We can go for long-awaited short to the very bottom of the channel. Use proper risk management.
Natural Gas is at the Support Level. It can be a good opportunity to open buy at this level with minimum stop loss and maximum profit. Use your Own Risk Management.
Could this be the long-awaited Head & shoulder pattern for the reversal of Natgas for the potential jump to 3.5$? Well, we never know that but keep this pattern in mind. We are Bullish today if we see any candlestick confirmations.
Bank Nifty broke the hourly trendline with a Solid Double Top and retesting it now. It seems to be a valid breakout but still trade with confirmations only. Use your own Risk Management
Trade 1 = RR: 1:1.5 Trade 2 = RR:1:2.5 Trade after the breakout. Take two trades. Close half position at flag top and the second target channel top. The flag can breakout in either direction but Since this is a bullish flag probability is high on Upside.
Use your own Risk Management.
RR: 1:2. Use your own risk management. Enter after flag breakout only.
For Long term purpose. Have a look at the linked idea for shorter timeframe trade.
Zoom Out to have a proper idea. Take proper Analysis of the options before taking any. Use your own risk management.
Natgas travelling inside a channel. Use your own risk management.
Sell according to the chart. Use Risk Management.
I am a beginner trader and learning technical analysis. Please check my analysis on Crude Oil and review.