Gas Futures Plummeted after tremendous break due to Hurricane harvey. After the plumet price did drop right ontop of 100EMA, a possible sign of strong support here to see it test upper channel once more. If all goes well, selling upper rejection is the plan.
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CTF - RB1!
Chart timeframe - 4hr
Area of interest - 1.8275 , 1.67
Potential target 1 - 1.75
Potential target 2 - 1.69
Potential extended target - 1.67
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Trade Safe everyone!
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CTF - RB1!
Chart timeframe - 4hr
Area of interest - 1.8275 , 1.67
Potential target 1 - 1.75
Potential target 2 - 1.69
Potential extended target - 1.67
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Trade Safe everyone!
Comment:
Price continued to drop, new game plan will to either short depending on CFT levels and channel break or to buy the bounce off of support.