Zoomed-in (60-minute) observation indicates "Three inside up" at previously (April) bought-up level. Speculating on short term directional developments is encouraged by the descending line, proved in number of occasions as an active gravitational body. Idealized scenario would carry impetus through the 4-hour and bolster medium term velocity. In the event of repudiate reaction, much more significance will be accounted for at 3.92
NGAS has rejected the opportunity for move higher and it reminds that counter trend speculations are against the odds.
Descending channel boundaries continue to be reference points of interest just as the reaction level (marked on the chart) currently capping price action.
Big picture analysis defines 3.92 as the next critical level.
Descending channel boundaries continue to be reference points of interest just as the reaction level (marked on the chart) currently capping price action.
Big picture analysis defines 3.92 as the next critical level.