NG1! trade ideas
Natural Gas - Caution!!!Longs Wait till decisive Break of 3.00 on weekly basis.
The Triple top could result in a sharp upmove (Bull Trap) & then
Down for a correction !!!
Natural Gas- Let it cross BB-Centre BandBollinger Band -20 Period Moving Average-once crossed by Natural Gas ..We will become sure that its heaading for its last leg in the C-Wave.
Natural Gas(QG1!)- Looking for 3.100-3.125(C-Wave)Looking for last leg in Natural gas to complete & face resistance at the polarity zone & XX -previous swing.
Natural Gas- To Move till 3.100 to 3.150 Above 20 M.A.Natural Gas staying Above 2.590 & Moving Above 20 period MA(shown by pink line) can take NG in the zone of 3.100 to 3.150 -previous swing high of XX -mark where it shall get resistance & if that level holds -then going back below 2.590. It shall start falling in an impulsive leg down.
Regards,
Abhishek H.Singh, CMT
