This is not a trade setup I just want to analyze what i see and few months later come back and see how much it has behaved as i expected. Price action of NGAS-0.06% was ugly and it doesnt look like a strong and standard trend but i try to count it as an impulsive 5 waves. I think the down trend is about to finish. Now we are in the last impulsive wave which is wave 5; but this wave itself is dividing to impulsive motions. Only break out of black trend line is a trigger for entering big trades to upside. Update status