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NW IN | Thanks for the candlesticks, Blu. Your description of the break away/exhaustion and how to use them to measure was the underlying intent of my OP.
And Fish is right...had a friend who shorted NG back in the day when it rallied from 4 to 6, so he doubled down and it went to 10. Not sure how he is still married.
I'd like to see a reversal at the 3.68 level, or a couple of solid closes above before stepping in with short or long, respectively. | |
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Jan NG chart
