NATURAL GAS – Week 9 – Correction almost over.
Updated
In the past week, Natural Gas continued to consolidate towards the $2.70 support area that is highlighted on our chart.
Based on our analysis, we expect the price to continue the pullback towards the second support area located at $2.60 level. After the consolidation is over, we expect the price to increase and hit the $3 area, making a new top.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Based on our analysis, we expect the price to continue the pullback towards the second support area located at $2.60 level. After the consolidation is over, we expect the price to increase and hit the $3 area, making a new top.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
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