TradingPeak

NaturalGas trend continuation to the upside

Long
NYMEX:NG1!   Natural Gas Futures
TECHNICALS: NaturalGas price will probably form complete three wave correction, after that, i will wait for clear break of trend, with flag over the trendline, only then i will get in, on breakout of flag, to catch next wave, ride trend until it is over.
There is also high probability that price will repeat the price action back from 2012, the price action from 2012 is on the chart in purple color.
FUNDAMENTALS: USD can still lose value in the long run due the Quantitative Easing, Low Interest Rates. Both of these factors could lead to Inflations of USD.

The idea is only my view of market and im not encouraging anyone to take that trade.
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