3.400 is major support; while this level is not broken, the Midterm wave will be uptrend.
We will close our open trades if the Midterm level 3.400 is broken.
While the RSI support #1 at 47 is not broken, the probability of price decrease would be too low.
A trough is formed in the daily chart at 3.730 on 08/19/2021, so more...
. There is a possibility of temporary retracement to suggested support line (1.78). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. NGAS is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.