EvanJones
Short

Could see NGAS depreciate to all time lows

FX:NGAS   Natural Gas (Henry Hub)
115 0 4
So recently I published a chart showing 5 options to which NGAS could head towards. Currently it has made a new low and I expect a slight retracement towards the upper trendline on a lower time frame. Looking at this from a long term perspective, we are nearly heading out of the winter months and so I can only anticipate further movements south for this instrument.

Looking at the chart shows a very simply setup and the potentially next target would be the Fib extension 127.2% which coincidentally would bring us to around Sept/Oct time, a time where this instrument becomes more in demand.

Keep your eyes peeled, if the upper trendline is respected then I would estimate that price moves towards the 1.0-0.5 region.

For more information please sign up to my website in development: http://www.ejfxtrading.com
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out