munyaelliott

NATGASUSD 15-MINUTE TIMEFRAME SHORT

Short
OANDA:NATGASUSD   CFDs on Natural Gas
Natural gas price seems to be moving in an uptrend. However, there appears to be a wedge-like formation in play, suggesting a possible small correction. If prices do reject the ceiling of this shape and go lower, i would consider going short. Due to the high risk nature of this type of trade, i would only consider opening a small position.

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