Natural gas is looking currently very bearish on long term chart. I expect important tests of the drawn triangle within next days. If this triangle brakes downside we could see same prices like beginning of 2016.
Expect upward movement in next days, RSI is nearly heavy oversold and MACD is looking for bullish trend reversal
open long at 2.885 - stop loss under 2.785 - target 3.100 - ATTENTION --> HIGH RISK TRADE
open short at 3.150 - stop loss above 3.250 - target 1.500 - 2.000
Expect upward movement in next days, RSI is nearly heavy oversold and MACD is looking for bullish trend reversal
open long at 2.885 - stop loss under 2.785 - target 3.100 - ATTENTION --> HIGH RISK TRADE
open short at 3.150 - stop loss above 3.250 - target 1.500 - 2.000
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
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