after a very strong selloff on natgas the price is consolidating.
we see a typical indecision range and the side of its breakout will show us the future market direction.
for trend continuation traders, breakout to the downside will give a perfect opportunity to short the market.
I believe that in case of a bearish breakout, at least 1.8 level will be reached with the potential to further rally to 1.7.
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✅Join My Telegram Channel: t.me/VasilyTrading
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Related publications
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.