NATGAS approaching support at 2.450 where it could potentially rise further to 2.660. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530)....
NATGAS reversed off its resistance at 2.785 where it could potentially drop further to 2.600. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530)....
If you look at the past 4-5 strong reversals, they have almost ALL been H&S reversals. I'm going to go ahead and throw this out there! November is approaching quickly, and is a month where these prices tend to spike. Not always, but likely. Price might go down to 2.13-2.15 area and back to neckline. RSI divergence on H1 plot. If it breaks this, next...
Natural Gas is showing signs of strength aligning with seasonality data. "Analysis has revealed that with a buy date of September 2 and a sell date of October 20, investors have benefited from a total return of 56.09% over the last 10 years. This scenario has shown positive results in 7 of those periods." www.equityclock.com Weekly chart shows price trading...
Natural gas has going down in a trend channel from march, but on the daily chart we can see the RSI divergence, so in my opinion the price will breakout this channel and it begins an uptrend.
Natural gas breakout the downtrend line on the H4 chart. Wait the correction and open long