Hello, my people,
Long time no see, isn't it? The time for the BIG MONEY has finally come! This is the chance of the decade to become millionaires - by investing in oil now. Oil is the door, patience is the key and money are waiting when you open this door.
See what's going on - COVID-19 is making oil prices go down, the lowest level for many years....
The price of natural gas is going up BOTH in the short term and in the long term. These are the reasons:
1. The price of gas is moving in a range channel. 2 days ago, its bottom was reached and the price started going up again.
2. The current price of gas is one of the lowest EVER. This is a sign that it can rise A LOT in the long term (a few months).
3. Weather...
The pair is moving within the range channel. Yesterday, it reached near the bottom level and a reverse happened. Now a move towards the upper part of the channel is expected.
In order to reduce risk and safeguard your profits, follow the price and move your stop-loss accordingly.
Good luck!
The pair is again at the top of the range channel and expected to fall. SL and TP given. Please, keep in mind that lately, both the tops and lows of the pair are going slightly more up than before, this is why I recommend to follow it and move your SL to at least breakeven in order avoid losses and secure your profits. Still, the current reward to risk ratio is very good.
A similar trend like last time - the price is currently almost at the top of the range channel and will soon go down. TP 69.300. Move your SL to breakeven to reduce the risk when possible.
*Before you trade, make also your own analysis.
NZDJPY is currently in the upper part of the range channel and it is very likely to go back down in the next hours. TP and SL are the top and the bottom of the channel respectively that I have indicated with the horizontal lines.
I calculate the risk for this trade as over 3 times lower than the potential profit.
Good luck!
*This idea is for educational and...
