NATURAL GAS – Week 48 – Expecting a trendline rejection.
Hello traders,
For this week we are expecting Natgas to start on a high and reach the trendline, before making another drop and break the support area highlighted on the chart.
On the bigger picture (Daily / Weekly timeframe) this will only act as a correction for more bullish momentum.
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.
For this week we are expecting Natgas to start on a high and reach the trendline, before making another drop and break the support area highlighted on the chart.
On the bigger picture (Daily / Weekly timeframe) this will only act as a correction for more bullish momentum.
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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