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trading_guru12345

NG - Monthly speed Fibonacci - Bullish breakout over 200% gains

Long
Natural Gas Futures (NYMEX:NG1!)  
trading_guru12345  
NYMEX:NG1!   Natural Gas Futures
Trend Analysis Chart Patterns Technical Indicators Natural Gas natgas NATURAL GAS naturalgasstrategy breakout
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trendanalysis chartpattern indicator naturalgas natgas natgasusd naturalgasstrategy breakout
We will see insane volatility coming weeks. If NG manage to pass 3 that would push it above monthly fibonacci resistance & pivot. That could easily lead to another 230% gain. I same some targets monthly fibonacci 0.5, 0.6 will settle around 8-10 usd. This will be very quick trading, I will look to short somewhere above monthly Ichimoku, that could be anywhere above 3.5 usd. This is my third monthly chart I've done. I have redone the charts from scratch each time got the same result. This is by far the most interesting chart in whole equity market right now.
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