FXShinobi
Long

NATURAL GAS WEEKLY ANALYSIS - NEW HIGH FORMED

OANDA:NATGASUSD   CFDs on Natural Gas
Hey traders,

This is a broad overview of Natural Gas on the weekly time frame.

As we can see on the chart price has formed a new higher high confirming this minor uptrend.

Price reached the target area that I was looking at in my last analysis.

With fundamental analysis , a colder than projected winter, this should lead to an increase in natural gas prices.

Look for a minor retrace to go long.

Simple price action and trades will lead to simple profits.



Daily trade analysis and ideas:

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