Hi, I am not giving any Trading Advice through my analysis.
Trading, You have to do that on your own as per your account size and risk taking capabilities.
Having said that, just a bit of advice. NEVER trade against the trend. at present on Hourly chart the Trend is down!!!
What i have said is to tighten the stops. This does not mean to enter Long or Buy.
As per my earlier Analysis about a week or two back, I had given my arguments for NG to come down.
This was a warning sign for those who have entered short based on that.
Please Note
Trading, You have to do that on your own as per your account size and risk taking capabilities.
Having said that, just a bit of advice. NEVER trade against the trend. at present on Hourly chart the Trend is down!!!
What i have said is to tighten the stops. This does not mean to enter Long or Buy.
As per my earlier Analysis about a week or two back, I had given my arguments for NG to come down.
This was a warning sign for those who have entered short based on that.
Please Note