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Natty Gas descending wedge formation
Natural Gas Futures
Long
Natty Gas descending wedge formation
By patrick186
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Feb 23, 2017
3
Feb 23, 2017
Price bounced off of the upper boundary within the wedge and appears to be forming a head and shoulder pattern on the daily/weekly.
We should pullback to the lower boundary and support at the 2012 and 2016 major lows before turning around and breaking out to the upside.
One to watch this year!
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