Title: E-mini Natural Gas Futures ( QG1! ), H4 Potential for Bearish Trend
Type: Bearish
Resistance: 7.835
Pivot: 6.870
1st Support: 5.285
Preferred Case: On the H4, the overall trend is still descending and respecting the ichimoku indicator hence we are bearish bias. Price has pulled back slightly but we're still looking at bearish momentum bring price back down from the pivot at 6.870, which is in line with the 161.8% and 127.2% extension levels to the 1st support at 5.345, where previous swing low sits
Alternative scenario: Alternatively, the price could rise to the 1st resistance at 7.835, which is in line with the overlap resistance
Fundamentals: No major news.
Type: Bearish
Resistance: 7.835
Pivot: 6.870
1st Support: 5.285
Preferred Case: On the H4, the overall trend is still descending and respecting the ichimoku indicator hence we are bearish bias. Price has pulled back slightly but we're still looking at bearish momentum bring price back down from the pivot at 6.870, which is in line with the 161.8% and 127.2% extension levels to the 1st support at 5.345, where previous swing low sits
Alternative scenario: Alternatively, the price could rise to the 1st resistance at 7.835, which is in line with the overlap resistance
Fundamentals: No major news.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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.