NGAS critical decision time

FX:NGAS   Natural Gas (Henry Hub)
NGAS is at a critical juncture now its trying hard to break above 3 for a while now but failing.

It has been trying to stay above 2.9 level. If it breaks below 2.9 on a 12 hr candle close then I am expecting it will fall to 2.7 level ultimately ... This is based on a complex set of analysis I do and my own indicators which are not public so I could not answer how I come to the target and other numbers

This may take some time (may be weeks) but this will be the likely scenario ....
Trade closed: target reached: Worked out almost exactly as expected


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