INotFancy

Scenarios: Natural Gas - Monthly Chart

Long
OANDA:NATGASUSD   CFDs on Natural Gas
For now, it looks like the bigger picture is climbing steadily towards previous highs. On lower timeframes there have been lots of good buy-setups, we're in the middle of the structure now, so being patient and waiting for good quality R/R buy-setups is a good idea.

The volume on the monthly has been declining as well because we have been correcting. A spike in volume would indicate buyer and market strength, and a good time to be involved in the market.

I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.

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