danuto17

NATURAL GAS USD DAILY BIG PICTURE

Short
danuto17 Updated   
OANDA:NATGASUSD   CFDs on Natural Gas

Here is my big picture of NATGASUSD,
we are in the correction wave 2 of a bigger wave C, as u can see
Natural gas reach the blue strong resistance line and will be bounce to the support line bellow it,
apparently this could rather ends the wave 2, and be the start of impulsive wave 3 to the downside.
The next target is around 2.794 and possibly break the blue support line.
That's all,god Bless u all, have a nice day!
Comment:

In 1 hour TF, we can see NATGASUSD making a continuation pattern to the downside.
As u can see, it is building up Flat right now... we'll see if it will go break the low

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