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Natural Gas - Elliott Wave Count Update

Long
Treda_pro Updated   
FXOPEN:XNGUSD   US Natural Gas (Spot) (XNGUSD)
Natural Gas - Elliott Wave Count

this is an update to the previous view.

Today, the market reached a new low after a few consecutive days of decline. The current reversal appears to be the start of wave C of 4. However, it is best not to rush into buying at this moment. We can anticipate another low after the completion of wave 4, which will be an excellent opportunity to buy for a significant gain.

Please note that this information is solely for educational purposes, and it is essential to exercise caution when trading.

NATURALGAS NATURALGAS1! NATURALGAS NATGAS NATURALGASCFD NG1! NG1! NG
Comment:
markets seem very bearish and weekly charts also become bearish now.... so wait for a good reversal to take trade according to this view. don't rush to buy.

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