Ngas has turned bearish as the buyers are losing power. The highlighted areas show the two attempts at bull runs but were succeeded by larger bear candles showing a stronger bear. This indicates a bearish outlook.
Note
The 4 hour has officially turned around, We're looking a reversal into bull as the recent 4 hour is starting to form a bull run. No rejection on the last 4 hour candle. Good Buy.
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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.