Natural Gas Channels 7/11/2020
This is natural gas at the daily view since 2018. I was fooling around with wedges and channels. All I can say is, "oh my God." Gas was easier to predict that I thought. It was in a general channel all this time. There were bull runs that made their own mini-channels, but once gas enters into that downward channel again, it becomes predictable.
Due to the past 2 years, gas' sell zone has created multiple layers. The green lines are the evolving buy zone. The red lines are the historical sell zone.
Due to the past 2 years, gas' sell zone has created multiple layers. The green lines are the evolving buy zone. The red lines are the historical sell zone.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.