To open SHORT positions for XNGUSD , it is required:
In this situation we are now waiting for Awesome Osci to go into NEGATIVE territory alongside of our other system indicators to confirm trade entry confirmation for movement to the downside and but if the market trend begins to range this signal will become invalid. Market execution for entry, confirmation will be required for entry. The market enviroment is still ranging but we will monitor the activity of our negative readings until signal is in the appropriate conditions.
Risk Description: Once signal is confirmed 140 pips will be up for grab with small risk SL at swing high. The 2 previous signal on this pair was 231 pips since NOV 15/2017 to current date. We have seen quite a bear run this pair in november and we are now looking to capture for the bears to another wave to the downside to continue this trend.
Profit expectations: 7 day trade length expected before hitting profit target I will post exit strategy when signal receives a exit signal.
Current Dynamic S/R Levels:
Swing high: 3.10
Swing Low: 2.96
If signal is provided I will make a trading plan and link it to this update.
NGAS could stay in ranging conditions for a bit but seems like 2.5 support level will hold
// high risk trade
sl swing low2.680
- buy signal on H4 has printed 1:00 am EST @ 2.894
- My broker price on Natty is not in sync with trading views open price
- Fxopen broker Longs are good to aprox. 3.125
- buy signal on H4 has printed 1:00 am EST @ 2.984
short it if you want
you can still short him