Get started

Natural Gas

NATURALGAS ELLIOT WAVE COUNTSNATURALGAS has almost completed wave B of wave 2, possibly next wave C is ready to start unfolding soon, which can be confirmed by breaking support trendline, which could be aa good trigger point, Once it breaks support trendline then it can slide towards south directions near $ 7.500 zones, where wave C can complete equality with wave A. Negative divergence in both rsi and macd on hourly time frame Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
RUS:NG1!Short
by RK_Chaarts
5
Short in Natural Gas for the target for 1.600 to .1570The price is taking considerable resistance against the dynamic resistance/trend line. A strong price rejection can be seen in 4 hours time-frame. This could attract more sellers or even make the existing buyers to change side. Overall a channel is formed. However, we can see more or less similar volume of buyers and sellers during both corrective and impulse waves. The fib extension value comes around 1.565 zone. However its recommended to exit during the first opposing force (buying pressure) which can be expected around 1.600 to 1.570. CMP 1.730 Note: Kindly do your analysis before taking any entries and the above is purely for educational purpose only.
NShort
by StudyingtStocks