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NATGASUSD

Long
CFDs on Natural Gas (OANDA:NATGASUSD)  
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OANDA:NATGASUSD   CFDs on Natural Gas
Trend Analysis Chart Patterns Wave Analysis
2
6
trendanalysis chartpattern waveanalysis
The price broke the upper band of the formation to the upside. In this situation, our new target level will be 3.00 and then previous top level at 3.03.

Good luck!
LimitFX
Comment:
The price has bounced off the lower band of the rising channel formation and it is testing the upper band of another one at 2.96 level. As long as it stays below that level, we can expect it will decline towards the bottom line of the second formation. But if the price climbs back, it will try again to reach 3.03 level.

Good luck!
LimitFX

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