Nat gas - buy idea
I expect a corrective setback, price has charted a nice ending diagonal.
Note: a clear SL - below 3,1
As the fifth wave in the ending diagonal (converging) shall not be larger, than wave 3.
Given the size of the down move overall, this risk looks small compared to the upside potential.
Also, trading reversals is risky, therefore I usually scale in gradually.
Trade safe.
Note: a clear SL - below 3,1
As the fifth wave in the ending diagonal (converging) shall not be larger, than wave 3.
Given the size of the down move overall, this risk looks small compared to the upside potential.
Also, trading reversals is risky, therefore I usually scale in gradually.
Trade safe.
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