Natural Gas (XNGUSD)
Short
Updated

Natural Gas: A Possible Bearish Scenario

1 167
Natural Gas: A Possible Bearish Scenario

Requires more confirmation for NG to move down.

However, considering how NG is developing the chances are that we can see this type of channel pattern taking shape soon.

If NG doesn't make a new high above 3 then it should continue with the bearish scenario
I draw in the chart.

You may find more details in the chart!
Thank you and Good Luck!

❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️




Trade closed: target reached
Natural Gas: Target 1 reached:)
snapshot

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.