NATURAL GAS – Week 37 – Strong bullish momentum.
In our last analysis report, we correctly forecasted the price to reach the $5 daily resistance.
In the coming week, we expect the price to start a correction, but only if it breaks the support area highlighted on the chart and corrects underneath as the bullish trend is very strong. Otherwise, the chances are that the price will make higher lows and continue the uptrend.
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.
In the coming week, we expect the price to start a correction, but only if it breaks the support area highlighted on the chart and corrects underneath as the bullish trend is very strong. Otherwise, the chances are that the price will make higher lows and continue the uptrend.
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.
