patrick186

Natty Gas descending wedge formation

Long
NYMEX:NG1!   Natural Gas Futures
Price bounced off of the upper boundary within the wedge and appears to be forming a head and shoulder pattern on the daily/weekly.

We should pullback to the lower boundary and support at the 2012 and 2016 major lows before turning around and breaking out to the upside.

One to watch this year!

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