CFDs on Natural Gas
Short
Updated

Natural Gas (NATGASUSD): Breakout and Bearish Continuation

869
snapshot

NATGAS broke below the 2019's low.

On a daily, we have a confirmed structure breakout with the candle close below the low setting a new lower low.

Watching a weekly timeframe I believe that the next mid-term target for bears will be 1.9 level.

to catch this rally, try to sell the market after a pullback.
Note
now we going to 2016's low

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.