Natural Gas after a large correction gave a fast 5 wave up rally towards 2.48 levels and since then has been correcting again. The correction has been in 3 waves which is complete or about to complete and we might see a new rally upwards from here which would either be a Wave C or Wave 3 and in both cases would go up. Therefore, one can go Buy Natural Gas now with stoploss just below previous low around 1.67 levels and Targets at: 2.70
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.