Natural Gas - Daily Timeframe Overview - Short Opportunities
Following one of our previous analysis on 
NATGASUSD (tradingview.com/chart/NGAS/5CXhN3IO-Natural-Gas-In-a-bigger-corrective-structure-Buy-opportunity/) we have been able to notice that the pair went for the impulsive downward move that we were expecting, nonetheless it did not complete it. Seeing the daily structure therefore, we are expecting for the commodity to go for this final downside dip now, before resuming the monthly uptrend. This last movement to the downside seems ready to start now, after the extensive correction to the upside. As the structure indicates, we are expecting said movement to take the price to the 2.2 - 2.3 area.
If you feel that our analyses and views may be a useful complement to your trading strategies and in order to be notified in real time with our updates on the lower timeframes, please remember to click on the Follow button.
Remember that you can double check the bigger structures that are at play are on the weekly and daily time frames also by scrolling around the charts in the lower 4hr and 60min timeframes (right and left, up and down).
Trade with care and only with a backtested strategy that has proven to work in relation to your invested capital, risk appetite and potential small losses you might incur in before profiting from a good trade.
Thank you for viewing.
NATGASUSD (tradingview.com/chart/NGAS/5CXhN3IO-Natural-Gas-In-a-bigger-corrective-structure-Buy-opportunity/) we have been able to notice that the pair went for the impulsive downward move that we were expecting, nonetheless it did not complete it. Seeing the daily structure therefore, we are expecting for the commodity to go for this final downside dip now, before resuming the monthly uptrend. This last movement to the downside seems ready to start now, after the extensive correction to the upside. As the structure indicates, we are expecting said movement to take the price to the 2.2 - 2.3 area.If you feel that our analyses and views may be a useful complement to your trading strategies and in order to be notified in real time with our updates on the lower timeframes, please remember to click on the Follow button.
Remember that you can double check the bigger structures that are at play are on the weekly and daily time frames also by scrolling around the charts in the lower 4hr and 60min timeframes (right and left, up and down).
Trade with care and only with a backtested strategy that has proven to work in relation to your invested capital, risk appetite and potential small losses you might incur in before profiting from a good trade.
Thank you for viewing.
Nota
To all those who followed our lead and sold the break, congratulations. Now monitor closely when the commodity's price reaches the bottom trend of what could be a running flat for one last upside move, before the bigger drop to the 2.20 area: Nota
For those who aren't in the sell aggressively from the top and took the break of the trend, the price is correcting right in that area, but don't worry. It is just a correction, which confirms more downside to come. A great occasion to add trades (for those who already have positions) or to open a short position (for those who don't have any trades as yet). Stop loss above the corrective structure:
Aviso legal
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.