After decline below 2.39 with test the way further down to 2.20 and 2.02 is open. Due to oversold RSI and RSI Stoch. I will wait for better etrance point to short. Entrance at 2.39 will be best to ride the short. Stay tune, will provide updates on this idea and my scenario.
Note
NG is stronger than expected. Look at level 2.50 for reversal to fall. If no reversal this scenario will be canceled.
Note
First level reached at 2.2
Order cancelled
Only reached the first targeted level of 2.2. Price shows strength. New scenario will be considered. This one is not valid any more.
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.