Retrace hit c=100% a target and reacted overnight. Possible i-ii set-up formed during trading hours. Earlier today I attempted a swing trade entry long UNG Sep 7.5 calls. The difference in my green and purple count is academic for this trade as I'll likely exit on wave (iii) of either purple 1 which might be wave iii of (i) in green 3 (not annotated).
I just closed natgas shorts and got long. I trade natgas using NG2! futures which is delayed here but I am showing my entry from the current price on my broker. Good luck :D
I see here a leading diagonal and one last rising wave is underway. I will jump in once prices close above upper trendline of flag. SL is last dip in flag.
Natural gas is forming one last advance here as wave v and highly predicted to make a new top.
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NG treasure maps , supports resistance , targets
I got next signal on H1 chart to buy, so continuing 'long' trade.
Continuation last loss trade, hope this time will be good.
After big rally price (best showed on D1 chart), we observe the correction last days nad now price tends to do one move up. SL order place under last vallye.
Resistance at 3.10 with potential to head back to low levels see back in the early 90's.