NATURAL GAS – Week 21 – Pullback started.
Natgas started the trading week with a bullish gap, making a new top, but soon after it started the bearish move that we were expecting.
So far so good. The trendline has been broken, and if we get a correction around this area, then we expect this move to continue towards the support level, having a great chance to break it.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
So far so good. The trendline has been broken, and if we get a correction around this area, then we expect this move to continue towards the support level, having a great chance to break it.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
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