Recap Natgas

31. Okt. 2023

Close as the end of this day might give us a clue of where and how we gonna trade this this instrument. As trader we love trading on either pullback or breakouts, and in this case we can see a minor resistance just above the now price. If bullish momentum keep increasing (1) I might consider going long above resistance (2) wait for the breakout above resistance, then a pullback to the breakout point before going long. Will read the candlestick on lower timeframe and use lower timeframe for entry and to get a affordable RRR.

31. Okt. 2023

Anmerkung

DISCLAIMER: I am not a financial advisor and anything that I say on these channels should not be seen as financial advice. I am only sharing my speculation and personal experience.

8. Nov. 2023

Anmerkung

Price was unable to break resistance, violated minor up trendline, now heading down to major up trendline.

4. Dez. 2023

Anmerkung

Price pulled back to accumulation zone.