In our last forecast, we expected the price to make a pullback before resuming the bullish trend. Instead, the price increased strongly without correcting. In the coming week, we expect the price to reach and eventually break the $5 daily barrier that we highlighted on the chart. Trade with care.
Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
I wonder what's the target, 5 seems like a good place to short it, but I will wait a bit longer
financialflagship
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@abigreen, We would suggest waiting for a strong bearish impulse followed by a correction before entering any shorts. At the moment we expect a bigger degree pullback to occur, but we will wait for the confirmation mentioned earlier.
@NDSURE, Defo! We will release in the coming days a chart update, or you can check out tomorrow on our youtube channel all the analysis for the upcoming week, which also includes Natgas :)