varadtambolkar

Naural Gas - Bear Flag/Ascending Triangle Breakdown

Short
varadtambolkar Updated   
MCX:NATURALGAS1!   Natural Gas Futures
Ascending triangle & Bearish Flag pattern Breakdown.
Signalling weakness to continue.
Given the Length of Pole & continuous correction past few months, the next downward move can extend to 140-110 zone.
This can be the last leg of selling hence expecting a fierce move downwards.
Trade closed: stop reached

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