NATGAS - Close to the bottom

4 thg 3, 2019

Good week everyone!


Quick look at NATGAS. as we can see, the 2.50 zone has been a huge and unbreakable support since beggining of 2017 and recently we tested it again, and rejected it.

-Rsi turning Bullish

-Down wave volumes are decreasing




Ok lets take a look on daily chart:

So far we are on a small descending channel, close to the top of it, what do i'd like to do?

Wait for a re-test of the middle of the channel near 2.70 zone before going long, S.L under 2.50 level.

Short term targets are 3.00 level and long term 3.45 usd .


Patience is the key, dont try to anticipate the market, especially going long on a (so far) bear market.


The mind is the limit.

This is a medium term idea.


This Trading Idea is to be used for educational purposes only. This idea does not represent financial advice and its NOT a signal. You should trade based only on your own technic and knowledge.

12 thg 3, 2019

Ghi chú

I still expect the price to drop further until 2.70~2.65 zone and then it'll be a good time to search a good long opportunity with a very good RxR

14 thg 3, 2019

Ghi chú

Price still sideways, i'd still like some sell off before going long.

22 thg 3, 2019

Ghi chú

A very interesting bullish pin bar MAY be forming on daily chart right now

Of course we wait for closure, anyway we can already see that there is a lot of demand on the demarcated support zone =)

22 thg 3, 2019

Ghi chú

update