Natural gas has strong seasonal trend from late Feb to Late April/early May. AMEX:FCG FCG closes the period favorable 71% of the time.
I'm planning on playing this with entries between 22.33-22.77 in spread across 2/20, 2/21, 2/23, 2/29 (which have the lowest probability of a positive close for the TVC:DJI ). Targeting 26.33-29.33 for profit taking, likely on...
12R and 4R trades on Natural Gas and First Trust Natural Gas.
I think the 4R trade on Natural Gas is the most reasonable conservative target possible. Targeting $4-4.5 to take profits.
First Trust Natural Gas is more optimistic but technically it seems like it will go there.
You could do a 50:50 split between the two.
chart-art shows POSSIBLE uptrend , green trend-line means bullish . Over the ma line can_be 🐂, & under will be bearish Short to midterm .
~~N0 arrows. ~~ N0T trading Advise either +dyor
chart-art shows POSSIBLE uptrend , green trend-line means bullish . Over the ma line can_be 🐂, & under will be bearish Short to midterm .
~~N0 arrows. ~~ N0T trading Advise either +dyor
chart-art shows POSSIBLE uptrend , green trend-line means bullish . Over the ma line can_be 🐂, & under will be bearish Short to midterm .
~~N0 arrows. ~~ N0T trading Advise either +dyor
chart-art shows POSSIBLE uptrend , green trend-line means bullish . Over the red fibo Level can_be 🐂, & under will be bearish Short to midterm .
~~N0 arrows. ~~ N0T trading Advise either +dyor pls
FCG looking good here with room to run in the current regression channel. Looking similar to the early June 2021 run. However some resistance exist in this price range.
Indicators looking good, especially woodies CCI which is confirming the bullish trend. Further, FCG made a new high recently on the daily.
Looking for a pull back for a long entry.
The 2.618...
chart-art shows POSSIBLE uptrend , green trend-line means bullish . Over the red fibo Level can_be 🐂, & under will be bearish Short to midterm .
~~N0 arrows. ~~ N0T trading Advise either +dyor pls
night chart-art shows POSSIBLE uptrend , green trend-line means bullish Short to midterm.
~~NO Speculations or arrows. And NOT trading Advise / 0pini0ns either, dyr pls.
#Fact:most coins r long term bulllish🚀
✔️Again if you see Green means bullish & vice versa, chartby 📈 scammaniacs101 ⏩
