Natural gas trying to stabilize & reverse after steep downtrend
Natural gas has been in a strong downtrend for the past year but finally sellers look exhausted and prices have stabilized. New lows failed to stick in the beginning of May which has led to a reversal higher.
Sets up for a decent risk-reward trade to the upside, but stops and time-frame is important.
Sets up for a decent risk-reward trade to the upside, but stops and time-frame is important.
Evan Medeiros
Founder, Trade Risk
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Website: thetraderisk.com
Twitter: twitter.com/evanmedeiros
Latest Analysis: thetraderisk.com/smw
Free Newsletter: thetraderisk.com/trading-newsletter
Founder, Trade Risk
---
Website: thetraderisk.com
Twitter: twitter.com/evanmedeiros
Latest Analysis: thetraderisk.com/smw
Free Newsletter: thetraderisk.com/trading-newsletter
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