NATURALGAS idk the gaps too big, the bear candle spread is too sharp but no volume. The imbalance is still there (1st Jun- 3rd jul) so the bull run still remains. last weeks volume profile shows shows a revisit to $3.6 again as we have couple of bear OB so lots of stop hunt sits above it with big pool of liq around $3.7. After all we have ChoCH as its breaking fvg one aft another. we want at least 0.6 fib retracement for short. Psychologically we all are thinking its a reversal after testing 200EMA on 4h but last weeks equal top doesn't sit well with me unless the POI is broken
NATURALGAS typical bs, why didn't this happen on Thursday, Friday??? Nothing changed, weather prediction was garbage, price was overextended, the only difference is retail was active so the cvnts dumped the market only after retail left the building or when retail was asleep. Might be worth waiting for a pullback later today during NY session or tomorrow during UK aftermarket to enter short on a pullback. Possible pullback near today's open 3.49 and possible TP near 3.20 where the most recent bullish orderblock was formed. Good luck everyone! PS: one more thing, every time the price pumped Wednesday, Thursday, Friday was near a low at dynamic support and low volume - typical bs algo trading behaviour.
NATURALGAS run to the hills, run for your lives "Iron maiden palying in the backround". Closing 50 % of my shorts here and setting SL at breakeven, no one knows how the weekend will evolve but finally the fucking sell off appears real! PS: This was one of the most vomitorious price actions I have seen so far with natgas, there was no fucking reason not to dump this sh1t already 3 days ago for a correction move!