Displayed here on the 4h chart are key trend lines noteworthy in NG during the past year which offer suggestions of imminent support and resistance.
What's interesting is how the 200d SMA (blue line here) has merged perfectly with a trendline established 21/22 Sep (red line). The SMA and trend line have acted as a support line and provided a window for NG price...
So the Bear flag had a fakeout to the upside then dumped. Now Price is finding support on the 100% fibonacci retracement from the all time high and 2nd standard deviation of linear regression. Once the bottom has been set, go long.
been watching this again and this looks to be making a deeper correction here we can see the pattern that's forming now can this be the last push to the downside ? lets see how we play out looks good more than happy taking trades like this
hi guys just a little breakdown on a few pairs and just waiting now for the right time to get in the trade stay patience we don't need to rush anything let it come to us :) please understand if price action changes then i will do my best update this