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mehdi47abbasi79
Dec 7, 2023 7:19 PM

Two cycles completed, The market is starting to trend Long

Henry Hub Natural Gas FuturesNYMEX

Description

Hello there!

I am a big fan of the Elliott Wave Principle, which is very interesting and useful for analyzing the market. I have developed my analytical approach by combining the principle with my personal experience and considering various scenarios that may occur in the market.

Although I want to share my analysis with you, I want to emphasize that I do not provide buy or sell signals. My main intention is to share my unbiased analysis so that you can use it as a guide to make informed decisions.

To build your confidence in my analysis, I always share my previous analysis of the same market so that you can compare and see the progress. All the details of my analysis are clearly labeled, which should make it easy for you to understand.

I hope that my analysis will be helpful in your trading journey and wish you all the best.
Sincerely,
Comments
kocurovsergej
thank you.There may be another 3 months of falling before purchases in March?
mehdi47abbasi79
@kocurovsergej, It is unlikely that the price will break down to 1.532, but since the daily pattern started with three waves, a diagonal leading pattern may be running.
But it is also possible that it is a corrective zigzag pattern. In this case, there is one wave remaining below the price of 2.128 to complete the fifth wave of wave (C) of the pattern in the daily wave degree.
However, it has not crossed the price of 2.128 at the moment, so the diagonal leading pattern took the aggressive idea.
I hope the explanation helps you.
kocurovsergej
@mehdi47abbasi79, Thank you for your attention
mehdi47abbasi79
@kocurovsergej, your welcome
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