SharkbaitAl

Natural Gas 2 Small Bullish Bats; Getting In On Large Bat

Long
SharkbaitAl Zaktualizowano   
OANDA:NATGASUSD   CFD na gaz ziemny
This idea is in accordance with my larger term view of the very large Bullish Bat which completed last week @2.547 (idea linked below).

I missed that entry but patiently waited for a new pattern. Now I have found 2 bullish bat patterns to get me in to the (hopefully) longer term move. One advantage to this method is that the risk is much less than with the larger Bat...stop loss for me here is the red line @ 2.529.

I have entered at the first bat...will add a second contract if the price reaches the second Bat. Wish me luck!
Transakcja zamknięta: osiągnięto wyznaczony cel:
Update: first bat I had taken hit TP1 and TP2. I have decided to take profit rather than hold for the bigger targets because RSI is overbought, seems exhausted and hit into a part of the fork - I think it is better to play it safe with some profits on the sidelines. I will be looking to get back into Natural Gas at either of the two patterns shown below, or if a new pattern forms.

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