NileshThete

Natural Gas...Bear Market...

FX:NGAS   Natural Gas (Henry Hub)
91 1 0
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...
NG is moving according the wave count...Get ready to short around 2.6 - 2.8 lvls on visible signs of reversal...
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