Natural Gas / Bullish Up Movement
Looks like Natural Gas forming a Head and Shoulders pattern on daily frame. There's a high probability the price go higher to 1st TP 2.50 and 2d TP 2.73.
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Note
Attention! You should consider it too. that a strong Downward movement is Also Possible on a Weekly basis. There is a Parallel option that we are still in a Corrective ABC on a Daily chart ( A - 3.19-1.92; B - 1.92 -2.43 at the moment/CURRENTLY (or 2.55); and then C - 2.43 or 2.55 or 2.70 TO 1.64 minimum).Note
Targets 2.50; 2.55 reached.Note
Trade closed successfully!
DAILY resistance at 2.80 area, now is a SUPPORT level !!!
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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.