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NATURAL GAS – Week 4 – Two scenarios in play
In the previous week, Natural Gas pulled back very deep and it increased the chance that we might be heading towards a new low. Depending on the price-action, we have in mind two scenarios that could unfold this week:
1) If we break the trendline convincingly and consolidate above it, the bullish move is back on the cards (blue arrows).
2) If the price moves sideways for a while, most likely we will be making a new low (orange arrows).
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.
1) If we break the trendline convincingly and consolidate above it, the bullish move is back on the cards (blue arrows).
2) If the price moves sideways for a while, most likely we will be making a new low (orange arrows).
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.
매매 수동청산
It looks like the 1st scenario played out.
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관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.