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Natural Gas Futures - Jun 24 (NGM4)

Real-time capital.com
Currency in USD
Disclaimer
2.252
-0.049(-2.13%)
Closed

Natural Gas Futures Discussions

Looking at this new 4hr chart.   2.716  should be challenged.   It has answers.
Am trying the long side, but with stops. The bearish flag look to the 4 hour is very bothersome. It seems to want to work off the short term oversold condition of the oscillators without providing any meaningful upside price movement. In the past this type of action has led to an unfavorable outcome for the bulls. We'll see. Re: my comment from Sunday night. I'm not sure the mess is cleaned up yet. We'll see. On the other hand , if it holds the upside is interesting too.
 yes 4hr flag looks bad.   The only point to make about a flag is that the more candles away from the pole it isn’t a flag anymore.  “Usually” it’s the 2nd or 3rd candle from the pole  that makes the move.   In this case there was no move.  Advantage bulls if flag doesn’t confirm    At least for the near term. GL buddy
Yeah . Thanks! I counted them too. Not sure. if it breaks to the downside it won't be a long i want to fight though. Good luck to you!
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