VirtualFax
Long

Potential Butterfly Advanced Formation on Natural Gas

OANDA:NATGASUSD   CFDs on Natural Gas
NATGASUSD might be near completion of the Butterfly Advanced Formation

The chart above is self-explanatory.

Below is also my view on how it might reflect on UGAZ .
Comment: Mind the gaps

I'm new to the bullish butterfly but spotted this also but by mistake. I called it a little and thought it was a gartley but now, the measurements are spot on. If it drops any lower, then the lower X-D measure would exceed 1.41 and break the butterfly pattern. They don't always work but let's hope so! I need to make back my losses from this insanity
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