takuo_takuo

Natural Gas Wedge Fest

FX:NGAS   Natural Gas (Henry Hub)
  • Broke below interior upward wedge
  • Looking for a bounce back down around 2 std dev above mean of the shorter regression trend, 2 std dev below mean of longer regression trend, previous support level &OR .382 fib for a short
  • Next target is the lower bound of the large upward wedge, which could be support, or it could just continue down.
  • To be contiued..

Ugly chart? Yes please.
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.