NorthLumberJack

Natgas Breaking out of Descending Wedge?

NorthLumberJack Updated   
OANDA:NATGASUSD   CFDs on Natural Gas
The only arrow Im confident at all in is the first.

Entered UGAZ 2 days ago near recent bottom.

This is chart is a pretty wild guess based on charting patterns.
Comment:
Well it broke out... No pull backs!!
Comment:
My time scale needs to be adjusted(arrows brought in tighter) but pull back to trendline occured today.
Comment:
It will be interesting to see if this price level holds.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.