NG buying opportunity or Selling???
I am not a professional trader. But noticed a few points thought of sharing.
Mostly I am bullish with NG. Especially from 2021 each drop I noticed as a buying opportunity. However, thought of alerting those who are bullish like me to be more careful at this point.
Bulls to be careful for getting confirmation before any buy due to the below reasons.
1. Even On daily timeframe, a Head and Shoulder pattern is being formed
2. broken daily 50ma and 100ma
3.Broken 200mas on 1 hour, 2 hour, 4 hours and might be going towards daily 200ma - if hit there of course a good place to buy.
4. my AI code also asks to sell from 2nd Sept.
Good Luck
Mostly I am bullish with NG. Especially from 2021 each drop I noticed as a buying opportunity. However, thought of alerting those who are bullish like me to be more careful at this point.
Bulls to be careful for getting confirmation before any buy due to the below reasons.
1. Even On daily timeframe, a Head and Shoulder pattern is being formed
2. broken daily 50ma and 100ma
3.Broken 200mas on 1 hour, 2 hour, 4 hours and might be going towards daily 200ma - if hit there of course a good place to buy.
4. my AI code also asks to sell from 2nd Sept.
Good Luck
We can make it happen
Disclaimer
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.