NATGAS - NAUGHTY FALL AHEAD ?

2024年5月23日

Cup pattern is complete with double top resistance. Looking for a handle now.

Probable retracement area would be $2.5

Once pattern is complete Natty might fly high to $4.5 again?

Disclaimer: Do not consider this as a buy or sell recommendation. This is purely for educational purposes

2024年5月23日

註釋

if at all there is any bounce, and as long as it does not breach the double top, i believe every rally or bounce will be sold from hereon. Lets see

2024年5月29日

註釋

NG is nicely moving as per the pattern. Unless the inventories are very bearish for the prices, we could see a support coming in at 38.2 fibo retracement level... play safe around that level

2024年7月4日

註釋

50% Fibo retracement completed and is still working it's way down to 61.8

2024年7月15日

註釋

61.8% Fibo retracement complete with no signs of reversal yet probably working towards 78.6% retracement level..

2024年8月4日

交易結束：目標達成

78.6% retracement met...