PrimeXBT
Long

NATGASUSD- Will it push through the resistance?

OANDA:NATGASUSD   CFDs on Natural Gas
The bulls are taking over the market. After last week bullish move, price is still move to go higher to test the horizontal resistance at $2.692. The formation at the bottom shows a double bottom with a peak at $2.692. The chart shows that price will likely test this level and a break above it will initiate more move the upside.
Levels traders need to keep an eye on this week is the horizontal resistance.
First target move up: 2.693
Breakout above the first target: 2.762
Resistance 1: 2.872
Resistance 2: 2.872
Resistance 3: 3.039
Resistance 4: 3.212
Resistance 5: 3.374
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Ideas published should not be referred to as an investment advice and happy new months guy.
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