NGAS - SHORT

Oct 3

NGAS forming rising wedge at the high of the ROUNDING TOP on higher time frame

A nice fall is imminent as per the levels marked.

Sustaining above the rounding top would negate the view (BLUE line resistance)

Oct 7

Note

Tgt1 met

Oct 10

Trade closed manually

Made low 2.5834 close to TGT2 2.5604... either we can consider the TGT2 almost achieved

or trail the position with SL at TGT1 lvl

Oct 14

Trade closed: target reached

Position closed technically as well... made low 2.5545

No signs of reversal yet as the Day chart still looks weak...

NG might fall upto $2.4 before building a rally