This is how natural gas has progressed so far...It should make a double bottom or slightly lower low at 1.5 lvl...Where we will assess signs of reversal to go long...
Comment:
Ngas is moving according to the plan...I think possible tgt on upside should be 2.9 - 3.3 where i expect wave 4 (expanded flat to complete)..
Trade closed manually:
NG seems to be very near to finish its exapnded flat (4th)...The bear market rally in NG should end near to 2.9 - 3 lvl....Shorts can be accumulated now at every rise....for the 5th wave down...