Natural Gas Futures - ShortThis is a trend based analysis of Natural Gas Futures. Immediate price trend is down. It is currently in the strong WLY S-R area. If it cracks this, price will fall further.
Price has fallen following the descending triangle pattern and is following the trend.
Indicators Used:
Trend lines at different timeframes.
Support - Resistance levels at different timeframes.
Gann Box to determine possible short term trend changes for intraday trades.
Disclaimer: This is shared as an idea and not a recommendation. It is a guesstimate of price movement along the trend. Please use this for your further analysis and based on your own analysis and risk management initiate trades accordingly. I'm posting this as a means to further improve my knowledge and receive further knowledge from others.