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Yuriy_Bishko
22 sty 2020 10:11

NATGAS, Sell after the pullback.. Short

Natural GasOANDA

Opis

We can open a Sell position if the price will make a pullback to 5-Months Low 2.039.
The best entry will be after the false breakout.
Potential profit will be 3 times bigger than the risk.

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Komentarze
nrmt2010
Thanks for nice analysis Yuriy. Good Luck.
Yuriy_Bishko
@nrmt2010, thanks a lot!
Hashashin
If you convert Barrel to BTU and compare prices you will find that the spread between WTI and Gas(equivalent units) is on 2015 levels. It's an extreme reading.
Hashashin
That's why you may consider to "sell" this spread. Sell WTI and buy Gas.
Yuriy_Bishko
@Hashashin, thanks for your comment!
Yuriy_Bishko
@Hashashin, it's useful information!
Hashashin
@Yuriy_Bishko, happy to hear it. Thanks'.
Hashashin
so far looks good...+2%
Yuriy_Bishko
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