xtrader1

NATGAS UP AS TEMRATURES DROP ?

Long
PEPPERSTONE:NATGAS   Natural Gas (Spot)
- Tempratures are dropping in EU after a relatively soft Autumn
- Cold weather should increase demand for NATGAS
- NATGAS in a up-sloping Wyckoff channel
- Looking for a 1 deviation run higher
- Lower GAP is support
- Mid GAP should offer support once broken
- Higher GAP is target = 2nd DEV = Monthly R2