Natural Gas...bullish turnaround!
Nat gas has carved out a nice potential base to move higher.
We have seen a failed breakdown whcih usualkly indicates a bullish reversal.
They say the biggest moves come from failed patterns an it certainly looks like a failed bearish trendline break.
If this is the case, Nat gas has a nice 15-20% upside before things get really interesting.
We may be witnessing a weekly inverse head & shouldrs pattern developing.
Time will tell but we are long.
We have seen a failed breakdown whcih usualkly indicates a bullish reversal.
They say the biggest moves come from failed patterns an it certainly looks like a failed bearish trendline break.
If this is the case, Nat gas has a nice 15-20% upside before things get really interesting.
We may be witnessing a weekly inverse head & shouldrs pattern developing.
Time will tell but we are long.
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