tangman

NATGAS, interesting chart

OANDA:NATGASUSD   CFDs on Natural Gas
68 views
1
68 0
The daily chart of NATGAS is showing a bullish break out of a bull flag .

However, the long term weekly chart shows it hitting resistance and very overbought.

This could play out as it did in the past: a double top . It could rally another 10% before hitting resistance and turning lower.

This could be supportive of the inverse behavior in USOIL ; they tend to trade opposite of each other.

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out