NG1. Natural Gas may Double-top at important resistance

2016년 11월 28일NG1 futures may top as soon as this week and have an important correction. There is an important resistance level at 3.50 area which is a match of one of two gaps left to close and a 141% Fibo extension of a current bullish run. Also, if a weekly candle closes below 3.36 , it would create a double-top patern which is highly bearish.

If the 141% level is not broken on a weekly level, it may mean a Cypher pattern drawn on this board is completely valid and next target to which we would get is 2.195 area.

2016년 12월 1일

코멘트

In theory, natural Gas and oil should reverse together and currently both are very close to the targets...

2016년 12월 1일

액티브 트레이드

Shorted 3.505, SL: 3.70. TP1: 2.80, TP2: 2.200

2016년 12월 2일

코멘트

Moving short to breakeven, for now +3%

2016년 12월 7일

매매 수동청산

Posting new chart