Short
NATURAL GAS – Week 30 – Strong bulls.
In our last forecast, we expected Natural Gas to reach the trendline and resume the bullish trend. Instead, the price increased without reaching our entry point.
In the coming week, we foresee the price to start a deeper pullback that has the chance to reach the confluence area created by the support and the trendline. We will only focus on the sell setups if we get one. If not, we advise you to look at other instruments.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
In the coming week, we foresee the price to start a deeper pullback that has the chance to reach the confluence area created by the support and the trendline. We will only focus on the sell setups if we get one. If not, we advise you to look at other instruments.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
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.
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.