TradingView
QuantitativeExhaustion
Aug 10, 2016 10:57 PM

Nat Gas Fast Move Down Continuation  Short

Natural Gas (Henry Hub)FXCM

Description

Nat Gas trend has been down for two years now, and the small corrective cycle in a bearish trend has ended.

Chart had a small corrective wave (last move truncated) and I'm targeting a fast move to $1.50 for my first target with a small bounce to near $2.0 support turned resistance and a final blow to $1.05.

Nat Gas fast move lower will effect oil prices.

Trade active

More