astarthegreat

NATGAS UPTHTRUST (FALSE BREAKOUT)

Short
astarthegreat Updated   
OANDA:NATGASUSD   CFDs on Natural Gas
$UGAZ

IT IS AN UPTHRUST AND IS JUST PART OF THE CYCLE

IN A LONG TERM WE ARE IN A BULLISH ABCD PATTERN BUT FOR NOW WE ARE GOING TO ENTER IN DANGER ZONE ABC=D ENDING IN 2.50
Comment:
The trading range to make some profit will be 3-3.15. Play safe.
Comment:
Evrything is happening just as predicted...
From a fundamental perspective here in the north is not as hot as it us to be in Summer so demand is not strong enough...I expect that demand will grow in september not only because global warning is real and the time of seasons have chage but also because big interest will start the acumulation process at that point and hold their bag for the big run so when you see the famous inverse head and shoulder is not more that big interest buying and selling, testing how stong is demand and supply.

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