Lavish_Jindal

Natural Gas maybe topped out for now

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Lavish_Jindal Cập nhật   
FX:NGAS   Khí tự nhiên (Henry Hub)
All of the major momentum indicators are in overbought zone, volatility is decreasing a breakdown could be coming very soon we can look for a short setup here with an SL of few points above the 2.95 levels, targets are on the chart.

Remember before selling that natural gas in an strong uptrend for coming months, winter is coming. If today's candle closes above the 2.87 level then the setup gets invalidated
Bình luận:
this is a very early signal as per market conditions, i would recommend putting a SL few pips above local swing high i.e 2.90
Bình luận:
it has started moving in the direction, if you aren't a big risk taker than you can move your SL to entries or nearby 2.85
Bình luận:
It's very near the first target, move your sl to entries and remember to take some partial profit at the first target
Bình luận:
It's near second target move your SL to TP1, so that you win in any condition also when it reaches TP2, keep trail your SL to some lower point and keep securing profits
Bình luận:
I'm closing 1/3 of my position here at 2.61, leaving the rest with a strict stop of 2.7
Bình luận:
target 4 has been reached keep moving your sl
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