Natural Gas is potentially setting up a blow off top move into its Thursday inventory report.
This chart pattern rally is looking very similar to what we saw last Thursday when Nat gas had a 6.6% range decline from the high pivot it made off of inventories.
If we get a blow off top move on Thursday through the 200 Week MA I will look to fade that move.
This will be a live trading scalp idea...not financial advice.
Right now the swing trading trend is still bullish and looking strong.
Dip buyers are still in a favorable position for this commodity.
This chart pattern rally is looking very similar to what we saw last Thursday when Nat gas had a 6.6% range decline from the high pivot it made off of inventories.
If we get a blow off top move on Thursday through the 200 Week MA I will look to fade that move.
This will be a live trading scalp idea...not financial advice.
Right now the swing trading trend is still bullish and looking strong.
Dip buyers are still in a favorable position for this commodity.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.