ElliottWaveBelgium

NATURAL GAS - Your bill will go up !

Long
ElliottWaveBelgium Aktualisiert   
FX:NGAS   Erdgas (Henry Hub)
Looks like this Triangle is coming to an end as price is in the support zone of wave ((e)) of wave 4.

So, we should see a bounce towards 5.0 and higher for wave 5.
A break above 4.76 is a good confirmation of bullish move.

Invalidation level is at 3.88 (end of wave ((a))
Kommentar:
I don't think wave ((e)) is yet in place.
Wait for price to fall a bit more before buying.
Kommentar:
We are in the buy zone,
Can go long now or wait for 78.6% retracement.
Stop below wave C.
Kommentar:
Going up well, a small pullback might come now, nothing serious.
Move Stop to break-even.

If you did not enter yet, wait for a pullback before doing so !

Kommentar:
Can go long now if you did not do so already
Kommentar:
I will to post my ideas here for easier access
t.me/em16public
Trade geschlossen: Stop wurde erreicht:
Stop reached but nothing lost luckly.
Looks like wave E was not yet in place, we got a complex WXY combination first and now I believe we might be at it's end.

Don't forget to like, share and follow !

Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public

Thanks !
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