Natural Gas trading on the long term support point 2.7992.......If it cuts and close below...then we can see solid sell off....
The pattern happened in Crude and sharp sell of started......
Point is always go by visible simple logics.....
How to arrive the number.....that is knowledge...
Crude has started massive sell off below 64.67...but, normal traders...start buying at this level assuming low....however...massive sell happened when crude closed below 64.67 dollar level...
Now, when Crude will reverse........as such no number is visible....so...downtrend still intact....
Learn simple logics and Trade with simple nos...
Indicators will give you message...after trade is over......levels will give you information about what is the price action is trying for.....
The pattern happened in Crude and sharp sell of started......
Point is always go by visible simple logics.....
How to arrive the number.....that is knowledge...
Crude has started massive sell off below 64.67...but, normal traders...start buying at this level assuming low....however...massive sell happened when crude closed below 64.67 dollar level...
Now, when Crude will reverse........as such no number is visible....so...downtrend still intact....
Learn simple logics and Trade with simple nos...
Indicators will give you message...after trade is over......levels will give you information about what is the price action is trying for.....
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.