NATURAL GAS: It seems that the price may reach 2.5 soon
For a long period of time, Natural Gas is in a clear downtrend.
It looks like it was a selling opportunity in all the bullish moves that Natural Gas created.
As you may see on the weekly chart the price closed a red candle week after week and it is very dangerous to suppose any bullish move in these conditions.
Price already broke down also from 3.5 which is a strong structure zone.
Considering that many factors probably we could see Natura Gas to move down up to $2.5 that is dating back in August 2020.
thanks, improbable but when broken 100 level by fibo tf W (5.35$), usually it goes down to 161 (2.55$)
rajanoumanacca
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hello brother... I have been watching your analysis on your page for one hour. I observed you are masterclass. I am stuck in buy since 6 dollar levels. Currently having loss of around 4000 dollars. Can you pls hep me to advise whether to hold the trade or should I book the loss? I just wat to know when the market will be revered?? Thank you in advance.
I WILL NOT CONSIDER YOUR SUGGESTION AS FINANCIAL ADVISE.
note that there is a chance of going up to $4 , then down to $1.5 before a sharp break higher to $3.5 . At this point it gets rough with a consolidation between $2.5-$4.5
When it breaks higher we will go for $11 due to demand