NATURAL GAS – Week 19 – Pullback edging closer.

As we expected in our previous analysis, Natgas started to lose some of the bullish momentum and moved sideways the whole week
For this week, we expect the price to make a pullback similar to the one we highlighted on our chart and push the price towards the support area. After this move is completed, we anticipate that this pair will make a new top.
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.


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Comment:

Hi guys. If you're looking for sell setups, wait for a trendline & the support level to be broken, followed by a small correction underneath. That would be the bearish confirmation. Until then it can continue to rise. Trade with care.