WisdomTree Natural Gas
Exchange Traded Commodity (ETC)
Noticed a potential repeating reversal pattern:
- Break above the 200 day
- Ascending triangle forming
- Rising RSI
Ideal Trade: Waiting for a break above the Triangle, enter then with a stop under the breakout point. We can revisit this and see how things progress. One to keep an eye on. Winter is coming. FYI this chart is in EURO.
NGAS #NaturalGas
PUKA
Exchange Traded Commodity (ETC)
Noticed a potential repeating reversal pattern:
- Break above the 200 day
- Ascending triangle forming
- Rising RSI
Ideal Trade: Waiting for a break above the Triangle, enter then with a stop under the breakout point. We can revisit this and see how things progress. One to keep an eye on. Winter is coming. FYI this chart is in EURO.
NGAS #NaturalGas PUKA
Note
This instead has not provided the ideal entry and we appear to be sitting close to the bottom of a parallel channel
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.