During previous posts, linked in description, we tracked the bearish patterns unfolding in a macro ABC to the downside in Natural Gas. Now, targets of wave C are reached and the structure seems complete. Bulls where shaken a bit out, and price reacted impulsively from 2.115, and then retraced to the Golden fibo zone, where today's daily candle was printed. Natgas may be now reversing to the upside.
Note
waiting for the green box
Note
no signs of reversal
Trade active
ww activated, long order @2.346
Trade active
order triggered, stop loss on entry
Note
Long got closed on entry, and we did not re enter. Current situation wolfe wave is failing, but still no lower low. No positions for now
Trade active
ww saved and popgun bar pattern: long from 2.344 stop loss 2.29 risk 0.5%
Order cancelled
closed before closing on invers hammer. Loss 0.4%
Trade active
last chance before invalidation
Note
still no positions.. no reaction until now.. this can easily die lower..
Trade active
here some reaction. Longed @2.13 stop loss 2.1 risk 0.4%
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.