TradingView
ChartCrushers
Feb 21, 2020 3:34 PM

NATGAS Reversal? Long

Natural GasOANDA

Description

NATGAS/USD has wicked nicely after testing the 50% fib of the move up from $1.804, which is also confluent with the daily 20ma. Additionally, it has broken local resistance, which is now being tested for support. This could be the start of a trend change. It's also trading in a clear channel. Weekly indicators are screaming for a reversal! Let's see if the cycle low is in and if we have the start of an uptrend. This could turn out to be a very nice swing trade. Let's Go!
More