With the loss of the 1 hour and 4 hour trends and natural gas still in a daily down trend a short at this point is a good risk/reward trade.
Entry will be on a clear lower high.
If there is not a clear lower high will wait until the lower low breaks.
Stop loss will be if the 15 minute enters a upward trend.
Hard stop will be $1.972
See previous charts for reference.
Entry will be on a clear lower high.
If there is not a clear lower high will wait until the lower low breaks.
Stop loss will be if the 15 minute enters a upward trend.
Hard stop will be $1.972
See previous charts for reference.
