On 12.17.22 I thought natural gas may soon turn up at around 5.18. (see link below if interested). Clearly that was premature. It stayed in a down trend until now. A clear example why when something is in a up or down trend you best wait for price action (candle stick pattern, trend line break) to support that a turn around is about to occur. Then you have the recent low or high to be a stop point if wrong.
The overall pattern has not changed. But if this EWT count is correct wave 3 should not cross below the high of wave 1. We still have a bullish divergence in the daily RSI. We still have an expanding triangle at wave 3. with the last wave down current having .a=.c. and ending at a possible support/resistance area. So this would seem like a good place to finally so up. BUT wait for price action to support this idea.
Best to you. Have a great week.
The overall pattern has not changed. But if this EWT count is correct wave 3 should not cross below the high of wave 1. We still have a bullish divergence in the daily RSI. We still have an expanding triangle at wave 3. with the last wave down current having .a=.c. and ending at a possible support/resistance area. So this would seem like a good place to finally so up. BUT wait for price action to support this idea.
Best to you. Have a great week.
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
