Based on My Analysis,
If NG supported by 243.60, I expect big up move and targets are: 279.1, 293, 301-306, 316-321, 329, 341-344.
Based on my Daily chart and retracement view, If NG supported by 217.60, I expect 260.6(done), 287, 309, 331, 348, 362, 402.4 (100%).
Based on H4 chart, If NG supported by 256.90, I expect 279.10 again, and other targets: 280, 282, 286, 289, 291, 295.
Based on my 1H chart, If NG resisted by 280/278.1 I expect down side correction. Downside targets: 271, 268.5, 267.7, 265.6, 263.6, 261.8, 256.90(100%).
Any move below 256, I am bearish and I will be reanalysing my chart.
As of now my stragey is BUY ON DIPS for big target.
Before I post my charts, NG done it's downside target upto 271.
Buy NG at these levels (271/270, 268.5, 265, 263, 261) with strict stop loss 255. Best entry would be between 266-261.
If NG supported by 243.60, I expect big up move and targets are: 279.1, 293, 301-306, 316-321, 329, 341-344.
Based on my Daily chart and retracement view, If NG supported by 217.60, I expect 260.6(done), 287, 309, 331, 348, 362, 402.4 (100%).
Based on H4 chart, If NG supported by 256.90, I expect 279.10 again, and other targets: 280, 282, 286, 289, 291, 295.
Based on my 1H chart, If NG resisted by 280/278.1 I expect down side correction. Downside targets: 271, 268.5, 267.7, 265.6, 263.6, 261.8, 256.90(100%).
Any move below 256, I am bearish and I will be reanalysing my chart.
As of now my stragey is BUY ON DIPS for big target.
Before I post my charts, NG done it's downside target upto 271.
Buy NG at these levels (271/270, 268.5, 265, 263, 261) with strict stop loss 255. Best entry would be between 266-261.