NATGASUSD update. Continue. The target price will not change. What has changed is the corrective wave structure. I'm waiting for an accelerating descending wave sequence. The target price remains at 1,408 usd
We have bullish divergence on the OBV, as well as this you can see from the market structure, price has hit off the golden zone and is now its way to rally and complete an 'M' shape which is a very important pattern when trading Forex. Once price hits the resistance to complete the 'M', only then will it be time to go short on this currency pair.
Two decent gold trades i'll be looking to take. Some fresh liquidity still available. May only take whichever comes first and see how the market reacts. These were planned on the 5 min TF so offer a pretty tight stop
We have just completed a head and shoulders pattern on the 4 hour time frame and now it looks like price is going to push up due to the bullish hidden divergence and also the bullish pennant pattern. Price is likely to have a small retracement at the golden zone(Either at 50% or 61.8%), but is expected to carry on to the upside.
ADA/BTC has double bottomed at a key zone. This alt will fly soon and this sure looks a good entry. I would buy and hold, instead of putting a SL in place. Wicks will take you out a good trade otherwise