Targets hit. Near the 1W support, resuming the uptrend. Long.

13 בספט׳ 2018

TP = 2.840 hit as the 1D Channel Down (MACD = -0.013, B/BP = -0.0240) on Natural Gas aggressively expanded to a 2.752 Lower Low. Since this value was too close to our second TP = 2.740, we decided to close all shorts as the RSI = 45.438, STOCHRSI = 53.580, CCI = -33.7393, Highs/Lows = 0 turned neutral. As NG1! is trading near the 1W 2.696 support, we are starting to build up our long position for the expected 3.020 Resistance test, having tough a more moderate TP = 2.978. If the 2.696 support is tested, we will open the second and last long of this estimated bullish 1D leg.