In our last forecast, we expected Natgas to give us a confirmation for a bearish move. Instead, the price made a new all-time high. In the coming week, we foresee the price to correct towards the trendline, but considering the fact that we are in a strong bullish trend, we will need to wait for a confirmation that will be represented by a strong breakout from the dotted line followed by a small consolidation. 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.