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 ....
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