Natural gas future 311 Bearish deep crab pattern formation elliot wave formation RSI divergence MAcd divergence + Bearish cross over Good short candidate
Intra Day Support for 06/05/2021 217.80 Intra Day Resistance (1) for 06/05/2021 218.70 Intra Day Resistance (2)for 06/05/2021 219.20 Trading Range for 06/05/2021 is 222-215
Intra day Trading Range 223 - 217 for 05/05/2021 Intra Day Resistance (1) 219.60 for 05/05/2021 Intraday Resistance (2) 220.40 for 05/05/2021 Intra day Support (1) 218.90 for 05/05/2021
Natural gas in down trend Check the chart for levels
Short NATGASUSD below 3.092 T1: 3.060 T2: 3.000 T3: 2.950 SL: 3.126
Getting closer to the neckline (Head & Shoulders Pattern). But before that happens some upside(correction) is left
Levels are Updated Each Level act as Resistance and Support and vice versa..