dchua1969

Natural Gas is exploding....

Long
dchua1969 Updated   
NYMEX:NG1!   Natural Gas Futures
but it takes 8 months of consolidation and patience.........

Yet, the result is not final as it could do 2 things now :

1. falls back to the bottom at 1.40
2. breaks out from 2.103 and continue trend higher

I like to think Option 2 is more likely so I will wait for the breakout and observe the patterns first.

Comment:
wait for support at 2.40 to accumulate
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.