Natural gas shows a tendency to increase in price, this could be confirmed by the predicted low temperatures for the next weeks. No doubt in these cases being aware of the news helps me better understand what the chart is showing me.
Best wishes to all and keep yourself warm!!
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Ok .. eh mmm I think it is much colder than I thought ..
It is not moving as I thought, really this and all my last "ideas" where there is a "strong resistance" are designed so that at the first touch the movement is closed.
From there i wait for enough information to build the next.
At this moment is touching the resistance of the "structure trend" is an important point because as a reference we know that when it touches this point it send it back to the supports.
Really my target is planned to be reach between the angle 1/2 and 2/1.
I will be pending!
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well... 50% close, if it touch the 3.15 i'm out... that was fast
Excess production may send natural gas to 2.5, and ... Natural gas knows it!
normstock
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@las_21, thank you, I was trying to balance the news and what the chart tells me, so i try to clearly frame the "point of reference" and that the climb would be crossing that area.