NATURAL GAS – Week 5 – Uptrend to resume?
In the previous week, Natural Gas broke the trendline and at the moment it’s consolidating above it, with the bulls not giving up that easy. This will get a bit messy if we don’t gather some momentum for a price increase, as it may unfold into a complex corrective pattern. The market opened with a gap up and the chances that we can go and test the 3$ level are increasing.
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.
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.
Trade closed: target reached:
3$ target reached.
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