Natural gas has made a lovely set up here, with a breakout from the ascending triangle and is resting on the support level within a descending flag.
The weather in the US isn't getting any milder and inflation worries can really set this one up for a huge run.
Great R/R Ratio here.
Breaking out from the top support is vital here, and if it does, prices might go to the moon.
The weather in the US isn't getting any milder and inflation worries can really set this one up for a huge run.
Great R/R Ratio here.
Breaking out from the top support is vital here, and if it does, prices might go to the moon.
Comment:
If this can recapture the descending triangle, we could see the price play with the 6.00 levels which I'll be looking to be a part of -
Trade closed: target reached:
There it is. Check out my latest post for the next targets and set ups.
