The NGAS has pulled back the 0.618 retracement of the previous decline and the market will be likely to continue the down trend.
Meanwhile a pinbar appeared after the market hit the 0.618.
So it is good to sell short at 3.06-3.08 levels.
SL:above 3.20
Target:2.66 and further more
Meanwhile a pinbar appeared after the market hit the 0.618.
So it is good to sell short at 3.06-3.08 levels.
SL:above 3.20
Target:2.66 and further more
Trade active
The market is still struggling at this zone.Note
Tha market moves as expected and more profits are taken.Trade closed: target reached
All short positions should be closed because the reversal pattern appeared.
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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.