mj053

Is 220 coming in Natural Gas???

mj053 Updated   
MCX:NATURALGAS1!   Natural Gas Futures
Natural gas is posed to join the downward channel from highs. With a breakdowndown of H&S pattern, the NG can plunge to almost level of 220, which should act as strong support to take back the price to 500 levels.

Buy above 375 if it breaks. Sell below 375 level for one and only target 220.

Next only Buy level is 220.
Trade active:
At last Natural Gas has reached the support i.e. lower parallel of Pitchfork, buy scenes are now open for 1st target as 400.

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