It might be time for Oil and Nat Gas to turn: Watching $GUSH
מעודכן
GUSH Reversal?
An idea I'm considering but its a bit complicated to trade this one. 3X ETF containing a bunch of nat gas an oil stocks. Very high correlation with XOP. Watch out for decay if you plan to hold. HONOR YOUR STOP and don't be greedy yet.
Here is a screenshot of the 3 tickers shown in the idea cart.
i.imgur.com/mTy4pKE.png
Oil (/CL), Nat Gas (/NG), and XOP have all been in sold downtrends for quite some time now. We are entering winter (elevating factor). Trade tensions are reaching a breaking point (over reaction might be ending, new reaction could come soon). Gush has slowed its decent and is possibly reversing along with 3 other key charts.
If you are trading alone join our discord and share what you know with us. There are no GURUS and you probably should not trade based on others calls but lets push ourselves to become the best trader we can be. Its free so join in and follow your passion with others like you.
discord.gg/QYk88jH
Like this idea no matter what and don't forget to subscribe for my private ideas.
An idea I'm considering but its a bit complicated to trade this one. 3X ETF containing a bunch of nat gas an oil stocks. Very high correlation with XOP. Watch out for decay if you plan to hold. HONOR YOUR STOP and don't be greedy yet.
Here is a screenshot of the 3 tickers shown in the idea cart.
i.imgur.com/mTy4pKE.png
Oil (/CL), Nat Gas (/NG), and XOP have all been in sold downtrends for quite some time now. We are entering winter (elevating factor). Trade tensions are reaching a breaking point (over reaction might be ending, new reaction could come soon). Gush has slowed its decent and is possibly reversing along with 3 other key charts.
If you are trading alone join our discord and share what you know with us. There are no GURUS and you probably should not trade based on others calls but lets push ourselves to become the best trader we can be. Its free so join in and follow your passion with others like you.
discord.gg/QYk88jH
Like this idea no matter what and don't forget to subscribe for my private ideas.
הערה
Setup looks great. Just need those other three to give indication of breakoutהערה
הערה
Invalidated with the gap down. Nat gas taking off but putting this one on the back burner till oil gets some relief.הערה
We are back in my zone of interest. NAT gas is continuing strong. Oil had a solid day... הערה
I missed it because I wanted a better entry but if we break 3.72 and 3.84 in one day while NAT GAS and OIL continue up. This might turn into a huge swing trade. Hope you were more willing to chase then I was.עסקה סגורה: היעד הושג
Missed it :(הערה
BROKE THE TOP! Sheesh!הערה
Also solid volume coming in....הערה
GUSH 2.0 הערה
CLEANED UPהערה
הערה
I don't own any drones if tats what your thinking
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.